u/VuvuzelaSound · 39d 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 $41.14Now $52.31+27.1% since postedas of Jun 10, 4:59 PM ET
1d—
3d+6.5%
1w+12.4%
1m+18.2%
3m—
6m—
1y—