Here’s a Top REIT to Buy for High Yield

The officers and directors of a company tend to have a unique insider’s view of the business, and presumably, the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.

So, when stocks turn up that see insider buying and are also top-ranked, investors are wise to take notice. One such company is Franklin Street Properties Corp. (NYSEMKT:FSP), which saw buying by CFO John G. Demeritt. Back on Nov. 12, Demeritt invested $12,101.37 into 1,000 shares of FSP for a cost per share of $12.10. FSP stock was recently changing hands as low as $12.99 per share, which is 7.3% above Demeritt’s purchase price.

Source: InvestorPlace

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