REITs and Hydrogen Stocks Face Distress Amidst Market Crisis
Medical Properties Trust, a US REIT specialising in hospitals, faces severe distress due to its largest tenant's bankruptcy. The company has significantly reduced its dividend. Meanwhile, Marcus & Millichap, a real estate broker and financier, grapples with pressure from the American real estate market crisis.
Medical Properties Trust, a popular short bet on Wall Street with a 36 percent short interest ratio, has faced multiple dividend cuts. Despite this, there's hope for recovery with falling current mortgage rates. Similarly, Marcus & Millichap, also listed on the Börsenmedien AG's Reversal Index, has potential for a massive turnaround with decreasing mortgage rates.
Plug Power, a hydrogen specialist, has flirted with bankruptcy several times. Its profitability target for 2027 and promise-keeping abilities are under scrutiny. However, some stocks nearing collapse can experience significant price jumps due to realised potential. Plug Power, for instance, has raised capital at the expense of shareholders but has managed to avoid total collapse.
Medical Properties Trust and Marcus & Millichap, both under significant pressure, have potential for recovery with falling mortgage rates. Meanwhile, Plug Power's future remains uncertain despite its past brushes with bankruptcy.