economy
February 10, 2026
This Unloved Sector is Holding Up in 2026, and Wolfe Likes One Specific Income Play
The real estate sector was unremarkable last year, even as the Fed eased borrowing costs, but it held its own as stocks sold off last week.
TL;DR
- The real estate sector advanced 1.5% last week while the broader market declined.
- Wolfe Research analyst Rob Ginsberg noted real estate's strong performance amidst a market sell-off.
- Phillips Edison & Co., a real estate investment trust (REIT) owning grocery-anchored shopping centers, is highlighted for its bullish chart pattern.
- Phillips Edison offers a current dividend yield of approximately 3.3%.
- The company recently reported Q4 results that beat analyst expectations for core funds from operations.
- Analysts are divided on Phillips Edison, with an average price target suggesting about 6% upside excluding the dividend.
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