u/VuvuzelaSound · 184d agono track record yet
$ARE Alexandria Real Estate is the best positioned REITs for the upcoming Biotech recovery
Alexandria Real Estate is a severely undervalued life science REIT trading at ~15-year lows with NAV of ~$120 vs. current price of $41, supported by $5B cash, sustainable 7% dividend, and positioned to benefit from biotech recovery evidenced by biotech index XBI up 55.94% YoY, rising IPO activity, and new tech tenant leases.
At post $40.00Now $42.57+6.4% since postedas of Nov 2, 4:15 PM ET
1d—
3d+6.5%
1w+12.4%
1m+18.2%
3m+26.7%
6m+1.5%
1y—