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noam_chom
Oct 24, 2019 6:48 PM

Breakout on Earnings 10/31 Long

Iron Mountain Incorporated (Delaware)NYSE

Description

Fundamental Catalysts remain strong
If numbers are good, look for breakout to 35.75, and then 37.25 areas

Take profit anywere above 37.50 before EoY

These stocks have the highest dividend yields in the hot real-estate sector, FROM MARKET WATCH

With the Federal Reserve cutting short-term rates twice recently and reversing its decision to shrink its balance sheet earlier this year, along with continued stimulative central bank policies in other developed economies, there’s no reason not to expect the big money flow to continue, along with plenty of support for shares of real-estate investment trusts.

Company Ticker Dividend yield FFO Yield ‘Headroom' Total return - 12 months though Oct. 22
Macerich Co. MAC, -2.76% 10.26% 12.86% 2.60% -37%
Iron Mountain Inc. IRM, -0.47% 7.19% 6.27% -0.92% 15%

Company Ticker Share 'buy' ratings Share 'hold' ratings Share 'sell' ratings Closing price - Oct. 22 Consensus price target Implied 12-month upside potential
Macerich Co. MAC, -2.76% 17% 72% 11% $29.23 $35.15 20%
Iron Mountain Inc. IRM, -0.45% 46% 36% 18% $33.97 $35.27 4%

Here’s how the sectors and the broad indexes have performed during 2019, for 12 months and for longer periods:

S&P 500 Sector Total return - 2019 through Oct. 1 Total return - 12 months Total return - 3 years Total return - 5 years Total return - 10 years Total return - 15 years Total return - 20 years
Information Technology 30.3% 7.1% 82% 133% 395% 461% 187%
Real Estate 28.4% 24.5% 33% 71% 310% 284% N/A
Utilities 25.0% 27.1% 46% 82% 230% 351% 357%


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