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Cedar Shopping Centers has Relatively Underperformed its Peers in the Retail REITs Industry (CDR, PEI, CBL, DDR, KIM)

Published on Thu, 04/11/2013 - 07:28
By Robert Cotter

Analysis was conducted on the Retail REITs industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another.

Cedar Shopping Centers (NYSE:CDR) ranks first with a loss of 0.32%; Pennsylvania Real Estate Investment Trust (NYSE:PEI) ranks second with a loss of 0.05%; and CBL & Associates Properties (NYSE:CBL) ranks third with a loss of 0.04%.

DDR (NYSE:DDR) follows with a gain of 0.06% and Kimco Realty (NYSE:KIM) rounds out the bottom five with a gain of 0.17%.

Cedar Shopping Centers Inc. is a real estate investment trust. The Company has investments primarily in multi-tenant, supermarket-anchored shopping centers and drug store-anchored convenience centers.

By Robert Cotter
rcotter@fnno.com