Top 10 Penny Companies To Own For 2016

Top 10 Penny Companies To Own For 2016: UMH Properties Inc.(UMH)

UMH Properties, Inc. (UMH) is a real estate investment trust. The firm engages in the ownership and operation of manufactured home communities. It leases manufactured home spaces to private manufactured home owners, as well as leases homes to residents. The firm invests in the real estate markets of New York, New Jersey, Pennsylvania, Ohio, and Tennessee. In addition, it invests in debt and equity securities of REITs. United Mobile Homes was incorporated in 1968. The company was formerly known as United Mobile Homes, Inc. UMH Properties is based in Freehold, New Jersey.

Advisors' Opinion:

• [By John Udovich]

  Trailer parks may have a bad reputation, but Yahoo! Finances Breakout segment was recently touting trailer parks as a hot new investment area meaning its time for retail investors who dont want to invest in physical parks to start taking a closer look at trailer park stocks Equity Lifestyle Properties, Inc (NYSE: ELS), Sun Communities Inc (NYSE: SUI) and UMH Properties, Inc (NYSE: UMH). According to the segment, roughly 6% of Americans lived in trailer homes as of 2012 with thesupply of designated trailer parks being quite low because no one wants one in their backyard. Anthony Effinger, the author of another article about trailer parks for Bloomberg, was quoted as saying:

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-penny-companies-to-own-for-2016.html