Cohen & Steers, Inc. (CNS)
The Company manages high-income equity portfolios, specializing in U.S. REITs, international real estate securities, preferred securities, utilities and cap value stocks.
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The outlook on this one, like anything that has to do with real estate, has got to be looong. Who knows when the real estate market will recover? Not me, but the beating has been sever across the board. Cohen and Steers has got to be considered one of the strongest players in the REIT business, so this is where I will want to be when real estate comes back.
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The whole market is down right now but this stock is a strong player and I think it'll come back big. In the past it has been consistent.
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As with all my picks: A very attractive P/E, excellent EPS growth rate and high five year growth prospects.
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I think it has a lot of potental,even with housing the way it is.Infact I bought more of it today:
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CNS is trading at a 26% discount to its intrinsic value. This one has a little bit farther to travel before I end it. I'm ending it around $45.
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Has best portfolio of overseas real estate holdings.
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With residential housing a bust ... its just a matter of time before commercial REITs get smacked as well. They both suffered from the same problems from '03-'06 -- too much money and too easy credit combined with lax lending standards. It will be time to pay the piper soon
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This stock will keep taking a hit well into the end of the year. It is already near its 52 week low so a great buy and hold opportunity here.
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Great Earnings
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pure play real estate (REIT) asset manager.....Intl REIT growth outlook is strong....REITS are just beginning to happen outside USA, especially Europe and Asia.....asset mgrs have high ROE, steady, predictable growth and
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A new stock for me to watch; have found it difficult to locate a buy point

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