SITE Centers Corp. (SITC): A Bull Case Theory

We came across a bullish thesis on SITE Centers Corp. (SITC) on Pacific Northwest Edge’s Substack by David. In this article, we will summarize the bulls’ thesis on SITC. SITE Centers Corp. (SITC)'s share was trading at $14.95 as of Jan 8^th. SITC’s trailing P/E was 1.09 respectively according to Yahoo Finance.

[caption id="attachment_1209798" align="aligncenter" width="768"] View of a mall entrance, showcasing the retail experiences offered by the company's REIT.[/caption]

The recent spin-off of CURB from SITC has transformed SITC into a specialized REIT focused on...