Paul Gardner, CFA
Member since: Dec '04
Partner and Portfolio Manager at
Avenue Investment Management

Latest Top Picks

(A Top Pick Jan 12/21, Down 20%) Still really likes it. Almost a monopoly on the cargo space. Relationship with Amazon. Huge benefit from e-commerce. High margins. Geographic expansion spooked the market. Tremendous upside.
(A Top Pick Jan 12/21, Up 9%) Irrationally hit hard on pandemic and oil price collapse. Cost of funding has dropped. Trades at a significant discount to NAV. Should get to the mid-upper $40s over the next year.
(A Top Pick Jan 12/21, Up 13%) A proxy for the reopening of the economy. You also get exposure to Apple. Still upside.
Inflation indexed bonds. Inflation will run hot for at least another 12-18 months. Fees are incredibly low, high liquidity. Benefits from inflation increases. Can't know what's going to happen long term, but you will benefit in the short term from this type of investment. Yield is 1.6%.
A recovery story. Best in class, best assets. Theme of stay at home will wane. There's a more hybrid solution, and its stable of smaller tech and healthcare tenants will benefit. Trades at a 15% discount to NAV. Yield is 4.04%. (Analysts’ price target is $45.23)