The Traderszone Network

Published in TZ Latest News 6 May, 2014 by The TZ Newswire Staff

Boston Properties Up More Than 15% So Far This Year

While the major indexes have been roughly flat this year, REITs are rolling higher. The Finance-Mortgage REIT industry group is up about 7% so far this year, while the Finance-Property REIT group is up about 10%. Within the property group, Boston Properties (BXP) is up 17% year to date. The stock recently cleared a 115.95 buy point in a first-stage base. As a stock advances, it pauses to consolidate, or form bases.

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