When the 50-day moving average crosses above the 200-day moving average, it’s considered bullish by technical analysts. The price has finally stopped going down over the short term and is headed back up enough to take it back above the long-term trend.
As January comes to an end, many of the real estate investment trusts (REITs) that were substantially lower in 2022 have had remarkable comebacks this month. One very strong subsector has been storage REITs.
One of the best things about investing in high-quality real estate investment trusts (REITs) is that the dividends paid over time will likely increase as the company’s business and earnings grow. And as those dividends grow, the yield on your original purchase price will increase.
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.