I'm Up 510% on This Stock -- but I'm Not Selling a Single Share
Tanger Outlets(SKT) The Motley Fool·2025-01-20 20:03
I bought shares of this outlet mall REIT during the COVID-19 crash, and it's worked out nicely.During the initial COVID-19 stock market crash, many stocks plunged, but retail real estate companies were hit harder than most. Since I bought shares of Tanger Factory Outlet Centers (SKT 1.03%) in early 2020, my investment is up by more than 500%, not including dividends. However, I'm not planning to sell anytime soon, and this video explains why it could still be a buy.*Stock prices used were the morning prices ...