It’s been just a few days since I wrote on Kimco Realty (KIM), as you may recall I decided to upgrade shares in the dominant shopping center REIT from BUY to STRONG BUY. In my previous research report I explained that,

…when comparing KIM’s balance sheet, dividend growth history, and high-quality portfolio, none of the REITs can compare. KIM is clearly trading at a discount to its closest peers…

Note that I did not say that KIM was trading at the “widest discount” to the peers, as I pointed out in my article,

I am targeting KIM to move in-line with the closer peers (FRT, AKR, etc..) and generate annual returns in excess of 18%...

READ MORE HERE!