Why ALX Stock Is a Great REIT Stock
Alexander’s, Inc. (NYSE:ALX) is a wonderful example of a real estate investment trust (REIT) that continues to do well in a high-inflation, high-interest-rate environment. Those are two factors that investors seem to.
Alexander’s Stock Has Strong Growth Potential
Alexander’s, Inc. (NYSE:ALX) might sound like it’s a high-end steak joint from the 1970s with dim lighting and red leather seats, but it’s not. It’s a real estate investment trust (REIT) with holdings mainly.
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