Top 10 Gas Utility Companies To Invest In Right Now

Top 10 Gas Utility Companies To Invest In Right Now: AvalonBay Communities Inc. (AVB)

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. As of January 31, 2009, the company owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities. The company?s markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. AvalonBay Communities has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1978 and is based in Arlington, Virginia.

Advisors' Opinion:

• [By Sean Williams]

  To get a better idea of how RealPage is doing, it's always best to look at occupancy rates for some of the nation's biggest residential-REITs. In AvalonBay Communities' (NYSE: AVB  ) most recent quarter, the company reported a 5% increase in revenue attributable to a 4.7% boost in prices in established communities, and a 0.3% uptick in occupancy. For Equity Residential (NYSE: EQR  ) it was much of the same, with revenue rising 5.4% in the fourth-quarter as occupancy rates rose 40 basis points to 95.4% from the year-ago period. Finally, Essex Property Trust (NYSE: ESS  ) delivered some of the strongest occupancy results of all, with 96.9% of its units occupied as of the end of January. The point is that with occupancy rates at their lowest levels in more than a decade, these residential REITs are driving gr! owth by boosting prices because of rent scarcity.

• [By Sean Williams]

  Another big factor to consider is that Equity Residential and AvalonBay Communities (NYSE: AVB  ) both recently combined to purchase Archstone. Under normal circumstances, residential-REITs like Equity Residential and AvalonBay would go into debt and build new communities, benefiting from the build-out years down the road. Archstone already has a well-established portfolio of rental properties, meaning the transition from purchase to profit is shortened dramatically. Equity Residential took a little over a 26% stake in the Archstone rental portfolio with AvalonBay picking up the remainder.

• [By Sean Williams]

  Today, I plan to introduce the final selection to the Basic Needs Portfolio: AvalonBay Communities (NYSE: AVB  ) .

  How it fits with our theme
  There aren't any subtleties or roundabout ways to say this, but a good 99% of Americans need a place to live, and AvalonBay's specialty is putting a roof over your head. AvalonBay Communities is a residential real estate investment trust that owns interests in 273 apartment communities that are comprised of a total of 81,499 apartment homes in 12 states.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-gas-utility-companies-to-invest-in-right-now.html