Commentary: REITs post a March "mini-rally"

03/17/2009 | Zacks

REITs appear to be posting a comeback this month, analyst Greg Sukenik writes in a Zacks commentary. Sukenik notes that REITs have posted a 7% gain so far in March and all sectors have gained. "Overall, REITs are still down 30% so far in 2009, well behind the S&P and Dow," he said. "The March mini-rally is nothing to get excited about, and the sector could continue to sell off."

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