You can still get a healthy quarterly payout these days from stocks with upside potential. I already own two of the three names here.
Mall real estate investment trusts (REITs) have been in the center of two storms, and it's not been pretty for them. In fact, the coronavirus pandemic, the second storm, finally pushed some of the worst-positioned players into bankruptcy court. If you had to boil the problem for mall REITs down to one single issue, it would be the growth of online shopping.
If you're looking to reposition your portfolio for the post-pandemic recovery, Tanger and Nordstrom look like good bets. With more than half of U.S. adults now fully vaccinated, shoppers are returning in force to Tanger's outlet centers.