Invitation Homes: A Potential Undervalued REIT with 24% Upside Potential

Invitation Homes Inc. (INVH) is a US-based single-family home leasing and management company. Despite recent downgrades from Barclays and Raymond James, the company is expected to see a seasonal boost in leasing and comparisons in the second half of the year. However, challenges in leasing, supply, and concessions, as well as macro headwinds, could put earnings under pressure. INVH offers convenience and Smart Home technology, but AI stocks may offer greater upside potential and less downside risk.