Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Derek Warren commented about whether RUF.U.V, HLP.UN.TO, MST.UN.TO, AAR.UN.TO, GRT.UN.TO, CSH.UN.TO, NVU.UN.TO, RLC.TO, ONR.UN.TO, D.UN.TO, REF.UN.TO, NWH.UN.TO, CAR.UN.TO, INN.UN.TO, PAR.UN.TO, AP.UN.TO, TRNO, CUF.UN.TO, CPT, AX.UN.TO, DIR.UN.TO, TN.UN.TO, BTB.UN.TO, FCR.UN.TO, REI.UN.TO, HR.UN.TO, ACC are stocks to buy or sell.
- Page 4/4
'%20fill='%23000000'%3e%3cg%20id='Rating-Card'%20transform='translate(120.000000,%20487.000000)'%3e%3cpath%20d='M848.295367,82.286474%20C848.68919,81.9045087%20849.327703,81.9045087%20849.721525,82.286474%20L854,86.4361302%20L858.278475,82.286474%20C858.672297,81.9045087%20859.31081,81.9045087%20859.704633,82.286474%20C860.098456,82.6684393%20860.098456,83.2877274%20859.704633,83.6696927%20L854.35654,88.856763%20C854.159628,89.0477457%20853.840372,89.0477457%20853.64346,88.856763%20L848.295367,83.6696927%20C847.901544,83.2877274%20847.901544,82.6684393%20848.295367,82.286474%20Z'%20id='Path'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Industrial. Mostly Ontario and Alberta properties with a cap rate of 6.75. The stock is very inexpensive. Their properties have a courier that handles all the Amazon shipments.
Derek Warren
Canadian way to invest in US real estate, mostly in Texas and a little in Atlanta. Low rent apartments whose market sees a lot of growth. Externally managed structure which he is not a huge fan of. He might own it short term. They have grown very strongly, however. If you are paying $800 a month you are less likely to move into a house. Prefers high quality REITs when investing in the US.
A big name for him, top 5 holdings. A little known REIT that is now available in Canadian dollars. Highest growth markets in Texas. Debt is manageable as is payout ratio. Over time people will realize how good it is and prices will continue to go up.
Derek Warren%20-%20http://www.bohemiancoding.com/sketch%20--%3e%3ctitle%3ePath%205%3c/title%3e%3cdesc%3eCreated%20with%20Sketch.%3c/desc%3e%3cg%20id='Page-1'%20stroke='none'%20stroke-width='1'%20fill='none'%20fill-rule='evenodd'%20stroke-linecap='round'%20stroke-linejoin='round'%3e%3cg%20id='mobile'%20transform='translate(-353.000000,%20-32.000000)'%20stroke='%2325292B'%20stroke-width='1.5'%3e%3cg%20id='Group'%20transform='translate(321.000000,%2022.000000)'%3e%3cpath%20d='M33,11%20L36.2928932,14.2928932%20C36.6834175,14.6834175%2037.3165825,14.6834175%2037.7071068,14.2928932%20L41,11'%20id='Path-5'%3e%3c/path%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e)
Very low debt: 23% of market cap. They sold a bunch of Mexican assets. Tons of cash. Last transaction was in the Netherlands. They can expand without coming to market. Debt rates they get in Europe come with a 2% handle. The spread is fantastic, but it is not recognized in the stock price.