To use a baseball metaphor, real estate investment trusts (REITs) are like hitting singles and doubles. If you want to hit a home run during a solid market uptrend, you generally need the right tech or retail stock batting clean-up.
But the property REIT industry group has been on a recent tear. A chart of the 187 stocks in the group shows a march of eight straight weekly advances, taking REITs to a new all-time high. The group is up more than 15% year to date, easily outpacing the major indexes.