This company is ceasing operations and could have a 74% upside for investors

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Seritage growth properties (NYSE: SRG) was one of the hardest hit real estate investment trusts (REITs) during the COVID-19 pandemic, and the company began a downward spiral from which it never recovered. In 2022, management decided that the best course of action would be to simply sell the company's assets, pay down its debt, and return the proceeds to investors. Here's how it's going and why shareholders could soon be richly rewarded.

*The stock prices used were the midday prices of April 17, 2024. The video was published on April 18, 2024.

Should You Invest $1,000 in Seritage Growth Properties Now?

Before purchasing shares in Seritage Growth Properties, consider the following:

The Motley Fool stock advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now… and Seritage Growth Properties wasn't one of them. The ten stocks that survived the cut could deliver monster returns in the coming years.

Think about when Nvidia created this list on April 15, 2005… if you had $1,000 invested at the time of our recommendation, you would have $514,887!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including portfolio building guidance, regular analyst updates, and two new stock picks per month. The Stock Advisor is on duty more than quadrupled the return of the S&P 500 since 2002*.

View the 10 stocks »

*Stock Advisor returns April 15, 2024

Matt Frankel has no position in any of the stocks mentioned. The Motley Fool recommends Seritage Growth Properties. The Motley Fool has one disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe via their link they will make some extra money that supports their channel. Their opinions remain their own and are not influenced by The Motley Fool.

This company is ceasing operations and could have a 74% upside for investors was originally published by The Motley Fool

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