Sun Communities, Inc. (NYSE:SUI) is without doubt one of the Best Housing Stocks to Buy According to Hedge Funds. On September 4, Morgan Stanley analyst Adam Kramer lifted the value goal on the corporate’s inventory to $139 from $135, whereas conserving an “Equal Weight” score, as reported by The Fly. As per the analyst, it was a combined Q2 2025 earnings season for manufactured housing REITs. The analyst tweaked estimates and adjusted targets following the conversations with every firm in addition to personal operator checks. Sun Communities, Inc. (NYSE:SUI) believes that Q2 2025 was one of many necessary quarters because it accomplished the sale of Protected Harbor Marinas and repositioned the corporate as a pure-play proprietor and operator of manufactured housing and RV communities with a wholesome stability sheet.
The preliminary closing of the Protected Harbor Sale resulted in ~$5.25 billion of pre-tax money proceeds, web of transaction prices, with a e-book acquire on sale of $1.4 billion. Sun Communities, Inc. (NYSE:SUI) began its plan to deploy web money proceeds from the Protected Harbor Sale in direction of a mixture of debt discount, shareholder distributions, share repurchases, and reinvestment in Sun Communities, Inc. (NYSE:SUI)’s core portfolio.
Whereas we acknowledge the potential of SUI as an funding, we imagine sure AI shares supply better upside potential and carry much less draw back danger. For those who’re on the lookout for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the best short-term AI stock.
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