5 Best Small Cap Stocks to Buy for Long Term

3. NETSTREIT Corp. (NYSE:NTST)

Number of Hedge Fund Holders: 30

NETSTREIT Corp. (NYSE:NTST) is one of the best small cap stocks to buy for the long term. Jefferies assumed coverage of NETSTREIT Corp. (NYSE:NTST) with a Buy rating on June 1 and set a price target of $23. The firm assumed coverage of the retail net lease real estate investment trusts with a positive outlook and told investors in a research note that execution on investment pipelines will drive a re-rating to historical valuation multiples. It further stated that the net lease group trades at the third-highest discount to the 10 year-average in the REIT space, and this places net lease in the “same cohort as secular challenged sectors” such as office and lab despite “intact fundamentals”.

NETSTREIT Corp. (NYSE:NTST) also received a rating update from Truist on May 11. The firm lifted the price target on the stock to $22 from $21 and reiterated a Buy rating on the shares, stating that the firm slightly raised its FAD estimates and its price target on the company, supported by higher assumed acquisition volume.

NETSTREIT Corp. (NYSE:NTST) is an internally managed Real Estate Investment Trust specializing in acquiring single-tenant net lease retail properties nationwide. It is involved in acquiring, owning, and managing a diversified portfolio of single-tenant, net-lease retail commercial real estate.