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

2017-03-14

Opinion for Chartwell Seniors Housing (CSH.UN-T)

Signal Price Bias Subject Owned
HOLD $15.120 UNKNOWN NORTH AMERICAN DIVIDEND & PORTFOLIO CONSTRUCTION No

High-quality. Everyone understands the business and everyone understands age demographics. The service this company provides is going to continue to be in demand. What has helped them, is what he believes is hurting them at this point. Some of the names such as this have seen a real inflow of capital, so are trading at all-time high multiples. When there is a correction, it tends to be quite sharp. Too expensive at this time. Dividend yield of 3.8%.

Kash Pashootan
Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

1 Comment

jordy

March 14th 2017 at 4:15pm

Moat is an overused term, but these guys have one. There is also a scarcity premium given the space has shrunk with all the takeouts. Those are some of the reasons it trades at a premium although it could temporarily pull back if rates spike. Good long term hold regardless.


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