Live On CNBC, Brenda Vingiello's Contrarian Idea For 2024: REITs; Mentions Vanguard Real Estate ETF
Portfolio Pulse from Benzinga Newsdesk
On CNBC, Brenda Vingiello discussed her contrarian investment idea for 2024, which is to invest in Real Estate Investment Trusts (REITs). She mentioned the Vanguard Real Estate ETF as a relevant investment vehicle for this strategy.

January 11, 2024 | 5:48 pm
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POSITIVE IMPACT
Brenda Vingiello's endorsement of REITs as a contrarian investment idea for 2024 on CNBC could lead to increased investor interest in the Vanguard Real Estate ETF.
The public recommendation of REITs by a financial expert on a major network like CNBC can influence investor sentiment and potentially increase demand for REIT-focused ETFs like VNQ. Given the contrarian nature of the recommendation, it suggests that REITs may be undervalued or poised for a rebound, which could lead to a positive short-term impact on VNQ's price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80