Simon Ppty Group Inc New (NYSE:SPG)

CAPS Rating: 1 out of 5

A self-administered and self-managed real estate investment trust, engaged primarily in the ownership, development, and management of retail real estate, primarily regional malls, Premium Outlet® centers and community/lifestyle centers.


Player Avatar StonedToTheBone (< 20) Submitted: 9/23/2010 3:07:12 PM : Outperform Start Price: $82.73 SPG Score: +34.68

Going against many all-stars here. This is America's largest mall operator, and its share price grew steadily and dependably from '01 to '07. Consumer discretionary markets were some of those hit hardest by the recession. Now, here we are again, watching as the share price has grown steadily -- and sharply considering it was below $30 -- since '09. Given that it's the largest U.S. company in its category, I have to think that eventually the share price will surpass its 2007 peak of just over $120. The key word being... eventually. I know there are plenty of negatives here. But I'm ready to hang on for the explosive ride this recovering economy shall create.

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