Given the recent bullish outlook from analysts on Camden Property Trust amidst easing supply pressures and anticipated revenue boosts in the multifamily REIT sector, I believe that purchasing CPT shares presents a timely opportunity for growth, especially as REITs are currently undervalued in the market.

I decided to go long on CPT because Camden Property Trust is highlighted by top analysts as a high-dividend-yield stock and its Q1 results surpassed expectations. Additionally, the company's strong average price target and recent analyst upgrades signal potential price appreciation.