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

2017-06-01

Opinion for BTB Real Estate Investment Trust (BTB.UN-T)

Signal Price Bias Subject Owned
TOP PICK $4.570 BULLISH REITS/INCOME TRUSTS/HIGH YIELD BONDS Yes

A small, mid-cap REIT that he has owned for quite a long time. It has given him an 8%-9% distribution. This has not moved for 3-4 years. They basically buy assets in Eastern Ontario and Québec. Have had vacancy issues and are repositioning their portfolio by selling down a lot of retail properties and focusing on industrials. Dividend yield of 9.1%. (Analysts’ price target is $4.65.)

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management http://www.avenueinvestment.com/

1 Comment

barney11

June 1st 2017 at 9:46pm

Oh Paul, what happened to Mr. Conservative. This Reit and Mainstreet have provided no growth whatsoever over the past 5 years. You never let me down do you. And no, I was not watching you on BNN because of recommendations like these. I got these beauties in my e-mail. What do top analysts say-never buy a stock for its dividend???


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