TheStreet’s Jim Cramer says REITS have been among the better performers in the stock market due to a scarcity of new construction. Cramer says that’s why REITS like Tanger , Kimco Realty Simon Property Group , and Federal Realty have been able to power higher even as retailers are filing for bankruptcy. Cramer said he really likes Federal Realty, but he also pointed out healthcare related REITS like HCP and Ventas are also doing well. But Cramer cautions the group has had a good run and valuations are high.
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