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Barchart
Barchart
Will Ashworth

One Investor Bet on Beaten-Down Wheeler Real Estate Investment Trust — Should You Follow?

Wheeler REIT Barchart Miami the US Army

On Sept. 2, Miami-based investment firm Diveroli Investment Group announced that it had accumulated a 9.48% stake in Wheeler Real Estate Investment Trust (WHLR), the number one-ranked company in Barchart’s Bottom 100 Stocks to Buy.

“WHLR trades like a penny stock but controls more than half a billion in real estate,” said Aharon Diveroli, CIO at DIG. “With fundamentals improving and strong political tailwinds suggesting rate cuts, we see significant upside as a real potential.”

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