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Equity LifeStyle: Buy-The-Dip Opportunity Near 52-Week Low
ELSEquity LifeStyle Properties(ELS) Seeking Alpha·2024-04-20 15:19
z1b It pays to be a contrarian when the chips are down for certain stocks and sectors. While some investors may try to overthink it, value investors may be better served to layer into quality companies when they are out of favor with the market. In the words of Buffett, the market is a voting machine in the short run, and is a weighing machine in the long run. This brings me to Equity LifeStyle Properties (NYSE:ELS), which I last covered in July of last year, noting its quality locations and strong bala ...