Top 6 Stocks to Buy for April

You can still find reasonably priced stocks in building, energy and health care

      View All  
Top 6 Stocks to Buy for April

Top Stock to Buy #1 – AvalonBay Communities (AVB)

Real estate investment trust (REIT) AvalonBay Communities (NYSE:AVB) specializes in upscale apartment communities. An improving U.S. economy with high apartment occupancy levels should result in higher rental rates for AVB, and new development activities will be an important driver of earnings in 2012. Funds from operations (FFO) per share in 2012 is forecast at $5.30, up from $4.57 in 2011. AVB has a dividend yield of 2.83%, and it is expected to increase.

On March 30, the stock broke from a multiple top with a trading objective of $150. But longer-term investors should consider AVB as a cornerstone REIT with an objective of $175.

04 12 avb 300x189 Top 6 Stocks to Buy for April
Click to Enlarge

See chart key

 


Article printed from InvestorPlace Media, http://investorplace.com/2012/04/top-stocks-to-buy-avb-xray-f-luv-trp-unh/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.