AvalonBay Communities, Inc. (NYSE:AVB)

CAPS Rating: 1 out of 5

A real estate investment trust engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in the barrier-to-entry markets of the United States.

Recs

1
Player Avatar jdca2009 (< 20) Submitted: 5/4/2010 12:00:48 PM : Underperform Start Price: $94.13 AVB Score: +3.21

High end apartments in an albeit improving economy is the wrong strategy. Those that can afford their rents can also buy their home. Look for vacancies to increase in Q2 and Q3 and the dividend to be cut in Q410 as well as 2011. Take the handsome profit now.

Member Avatar JackCaps (25.20) Submitted: 5/18/2010 10:41:34 PM
Recs: 0

Nice entry point for a thumb down pick on AVB. I think that you correctly called the high point. Time will tell though, this market has lifted up a lot of stocks that looks like garbage to me.

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