The REITs own timberland that can be very valuable during inflationary times, which I see being an issue in the coming years. Another bonus is the above average dividend yields.
Plum Creek Timber ($PCL) - Broke out of a consolidation pattern in January above $38 and has since pulled back and tested the support area that also has the 50-day moving average at the same level. Buying near $38 is the strategy. Pays a 4.3% dividend.
Rayonier ($RYN) - When $PCL was breaking out from a consolidation pattern, $RYN was hitting a new all-time high. Since rallying through $44 it has pulled back and has been consolidating near the $44 support area. Flashing buy signal today.
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