Investors Real Estate Trust (NASDAQ:IRET)
The Company is a self-advised equity Real Estate Investment Trust; its business has consisted of owning and operating income-producing real estate properties.
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I like the locations of the properties owned by this company, in the upper midwest where the employment rate has remained relatively low and is slowly decreasing. In fact, many of the states served by IRET are now actually INCREASING their populations --- much better than the DECREASING populations of some sun-belt, rust belt, and east coast states.
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we'll see
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Building a basket of stocks with clusters of insider buys.
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This stock is lagging its historical curve and should be selling at +/- $12 / share.
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