Here's Why You Should Retain Kimco Realty Stock in Your Portfolio Now
Kimco Realty (KIM) is well-positioned to gain from its portfolio of premium retail properties in high-growth areas, a focus on grocery-anchored centers, a diversified tenant base, and balance sheet-strengthening efforts.However, higher e-commerce adoption is a key concern for Kimco. High-interest expenses add to its woes.Shares of this retail REIT, carrying a Zacks Rank #3 (Hold), have gained 8.7%, outperforming the industry’s growth of 3.4% in the past year. Analysts seem bullish on this retail REIT, with ...