Jim Cramer Says Wait A Little & Discusses These 11 Stocks

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8. Federal Realty Investment Trust (NYSE:FRT)

Number of Hedge Fund Holders In Q4 2024: 32

Federal Realty Investment Trust (NYSE:FRT) is a real estate investment trust that focuses on retail properties. As a result, its stock is. more sensitive to consumer spending and economic activity than other REITs. Federal Realty Investment Trust (NYSE:FRT)’s shares have lost 9.7% year-to-date as the firm missed its consensus full-year profit guidance. Here’s what Cramer said about Federal Realty Investment Trust (NYSE:FRT):

“But I’ll tell you, Federal Realty, positive, always been positive about it. They’ve got a big mall outside, well it’s actually it’s a shopping center. That’s what they do. The malls are [inaudible] property. And I’m seeing downgrades of that, even though in the height of the 2007-2009, Don Wood, the excellent CEO got through that. But now I’m being told that you know listen you can’t own that because he’s got a big property near Washington. And, again, okay, you wanna sell it? You want to bet against him? I don’t want to bet against him. I don’t. I’d rather bet with him.”

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