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Compiling comments that experts make about stocks while on public TV.

2016-11-17

Opinion for First Capital Realty (FCR-T)

Signal Price Bias Subject Owned
TOP PICK $19.950 UNKNOWN REIT's Yes

Retail focused, but it owns a lot of Yorkville and assets in areas of high income. They came out with a perfect quarter, raised guidance, and the stock dropped 5%, so he was buying aggressively that day. This is a rare opportunity to buy a very high quality high end retail at a very reasonable price. Yield of 4.31%. (Analysts’ price target is $23.81.)

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt

1 Comment

utiac

November 18th 2016 at 11:40am

They may have had a good quarter, but stock is more than $2.50 below the equity financing they did in August 2016. That makes it a candidate for December tax loss selling, so I'm waiting to see where what happens.


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