Trade of the Day: QTS Realty Trust Inc (NYSE:QTS)

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“Brexit” still faces enormous uncertainty. You got the impression that the British leaders in favor of Leave originally thought they wanted a divorce. Now they want kind of a trial separation. Except there is no provision for that in the Lisbon Treaty, which is a document that holds all the rules of the confederation.

Bottom line is that this is going to result not so much in a realignment of politics and finances but in a long, dragged-out period of uncertainty that will leave corporate leaders wondering whether they should expand or contract their business in London, and expand or contract in the eurozone. With so much on the line, we might very well see nothing happen — which would be bad for earnings growth.

Some potential winners and losers are coming to the foreground, however. Among the winners are the U.S. dollar as a safety trade; U.S. Treasurys as a safety trade; gold as a safety trade; and U.S. stocks with domestic operations and sizeable yields — including REITs, which is where we’ll focus today.

Trade of the Day: QTS Realty Trust Inc (NYSE:QTS)QTS Realty Trust Inc (NYSE:QTS) is a data-center REIT similar to others I’ve recommended in the past. Shares flattened out earlier this month, but should get rolling from now through July. They rose 1.5% on Tuesday, firming up the one-month base. I recommended QTS in Trader’s Advantage on June 23, and it still looks great for newcomers.

Buy QTS at $54.75 limit, good till canceled.

Jon Markman operates the investment firm Markman Capital Insights. He also offers a daily trading advisory service, Trader’s Advantage, and CounterPoint Options, a service that helps individual traders make steady, consistent profits with volatility-related instruments. Follow him on Twitter for his latest take on markets and innovation.


Article printed from InvestorPlace Media, https://investorplace.com/2016/06/trade-of-the-day-qts-realty-trust-inc-nyse-qts-reit/.

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