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$3.15 -0.11 (-3.37%)
12/5/2008 9:53 AM

ING Clarion Global Real Estate, Inc.me Fd (IGR)

CAPS Rating:
*****

non-diversified closed-end investment company

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Recs

1

Avatar jwg1234556789 (< 20) Submitted: 10/10/08 4:59 PM : Outperform Start Price: $6.28 IGR Score: -38.98

IGR invests in REITs primarily. It's taken a 75% fall in the last year, to under $5 per share. With a dividend yield of over 30%, I'd buy as much of this 5-star pick as your stomach can handle. Expect $15 per share within 18 months, as the market instability erodes.

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