Opinions
The Panic-Proof Portfolio (Stockchase Research)
CI First Asset Canadian REIT ETF
RIT-T
TOP PICK
Jan 09, 2025
$15.620
Stock price when the opinion was issued
REAL ESTATE
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BUY
A long-term hold? A great long-term hold as a building block for a diversified portfolio. A great, actively managed ETF with the right sector mix. The only worry is that interest rate-sensitives assets like REITs have had a great run-up and are now overvalued. Pays a good 4% dividend. A long-term hold.
REAL ESTATE
TOP PICK
Billy Kawasaki’s Insights - Picks from 5i Research. It has high quality assets and a strong return history. Although the fund charges higher fees, it is justified considering the good performance record and healthy distribution history. Unlock Premium - Try 5i Free
REAL ESTATE
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RIT holds Canadian real estate assets. We like that its holdings are not concentrated in only two assets. The average PE is 12x and it trades below book value. REITs are a good way to diversify your portfolio. The space has been under pressure for a while due to interest rate volatility, but with rate cuts anticipated going forward this is a good time to enter. We recommend setting a stop-loss at $14, looking to achieve $19 -- upside potential of 18%. Yield 5.18%