“Why CBL & Associates Properties Stock Plunged 27.6% in March”
April 11, 2019
“Shares of CBL & Associates Properties (NYSE:CBL), a real estate investment trust (REIT) focused on shopping malls, plummeted 27.6% last month, according to data from S&P Global Market Intelligence. (When we include dividends, shares dropped 24.1% in March.) The stock is down a whopping 56.3%, including dividends, over the one-year period through Tuesday, April 2…”
https://www.fool.com/investing/2019/04/03/why-cbl-associates-properties-stock-plunged-276-in.aspx
For those of you that don’t know I’m invested in this companies stock. Real estate as an investment I like. Shopping malls as an investment I don’t like. If fact I don’t like it at all. The way of the future is online shopping.
The days of shopping malls are numbered. It might be 10 years. It might be 15 but rest assured they’re on the way out. As far as the stock I own goes I guess I’ll hold on to it for a while. It’s not like all shopping malls will close tomorrow. Long term I’ll eventually drop this stock. The real question is what should I replace it with?