There was a recent article about some analysts on The Street downgrading ARR to a sell. A member of one of forums I'm in asked me about my thoughts on this development. Here's the article:
My response to this is that it's
a sign of that market sector as a whole, all REITS took a beating last
year. ARR was the one on top. This is the time to stock up (pun
intended)...buy when everyone else is selling, sell when everyone else
is buying. As the article said itself "the consensus estimate suggests
that this trend should reverse in the coming year... This year, the
market expects an improvement in earnings ($0.60 versus -$0.53)"
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