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Up 40%, A Closer Look At 4%-Yielding Iron Mountain
IRMIron Mountain(IRM) Seeking Alpha·2023-12-23 09:37
MarsBars Introduction The past few weeks were fascinating, to put it mildly. For example, the Vanguard Real Estate ETF (VNQ) has rallied so hard that it is now up 11% over the past twelve months. It has erased the entire decline since July in a matter of weeks. Meanwhile, the S&P 500 is back at its all-time high, returning 25% during this period. Then there's Iron Mountain (NYSE:IRM), one of the strongest REITs this year, which is up more than 40%, including dividends. Data by YCharts In this article, w ...