Today, the stock that I think investors should take into consideration is Simon Property Group Inc. (SPG) in the U.S. market under the S&P 500 index.
I am encouraging to buy this stock anytime at price between $78-$79 a share. I am looking this stock to rise to $85 within January. Simon Property Group is the U.S.'s largest shopping malls already before the acquisition of the Prime Outlet Inc. Now along with the buying of Prime Outlet Inc, I predict it is possible to monopolize the factory outlets in the United States. Since the U.S. is still finding ways out of the recession. People still prefer cheaper and better deal goods. This would bring higher revenue and earning for SPG since people will shift and spend on outlet goods.
Hope this will help
MC
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