Latest Stock Buy or Sell? Make More Informed Decisions!
Today, Andrew Moffs commented about whether HR.UN.TO, PRV.UN.TO, AP.UN.TO, MRT.UN.TO, CHP.UN.TO, DIR.UN.TO, REI.UN.TO, GRT.UN.TO, CAR.UN.TO, NXR.UN.TO, KMP.UN.TO, IIP.UN.TO, ERE.UN.TO, MI.UN.TO, VESTA-BMV, BEI.UN.TO, HOM.UN.TO, SMU.UN.TO, FCR.UN.TO, TCN.TO are stocks to buy or sell.
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COMMENT
Believes economic activity is the largest factor impacting real estate (not interest rates).
Defensive asset classes are the best spot for investors in uncertain times.
Supply/demand big influence on real estate performance (certain areas of real estate perform well in down times).
REIT's behave like stocks in the short term (volatile), but long term will perform well.
Fundamentals are still strong in certain areas of real estate (industrial & single family rental homes).
TOP PICK
Believes company is a good defensive real estate pick.
Focuses on single family (35-44 years old) owners who cannot afford to buy a home.
High growth in single family renters (priced at cheaper price than condo).
Higher demand than supply in terms of single family homes.
Trading at discount to net asset value of real estate holdings.
Excellent management team.
Andrew MoffsOwned
property mngmntinvestment
TOP PICK
Another defensive real estate company.
Owns best grocery shopping center portfolio in North America.
85% of tenants are necessity based retails(grocery etc.)
Has been trading at a discount to peers and net asset value.
New leases has been growing.
Company has been buying back shares and selling assets to increase value.
Andrew MoffsOwned
property mngmntinvestment
TOP PICK
Best way to get exposure to industrial real estate in Canada.
Toronto and Montreal - best real estate markets in North America (increasing rent levels).
Rents going up ~35-60% percent.
Trading at discount to asset value(under valued).
Presenting good buying opportunity.
Good management team.
Andrew MoffsOwned
investment companiesfunds
PAST TOP PICK
(A Top Pick Sep 27/21, Up 1%) Canadian listed REIT that operates in USA (Sunbelt multi-family housing).
Will continue to hold.
Great balance sheet with operating incoming outpacing inflation.
Fastest growing cities in the USA are in the Sunbelt.
Stock trading at discount to net asset value.
Andrew MoffsOwned
REAL ESTATE
PAST TOP PICK
(A Top Pick Sep 27/21, Down 4%) Will continue to hold and would buy again.
Believes company is well run with excellent management.
Does not have to worry about rent controls as most of inventory is in Alberta (not likely to get rent control).
Calgary and Edmonton are strong markets.
Rising rent is good for real estate REITs.
Population growth to Alberta is high.
Andrew MoffsOwned
property mngmntinvestment
PAST TOP PICK
(A Top Pick Sep 27/21, Up 10%) Industrial estate play that has worked well.
193 properties with 32,000,000 square feet of industrial space.
Stock under priced at current share price.
Lots of manufacturing is now moving to Mexico (leaving Asia) with global tensions.
Andrew MoffsOwned
0
BUY
BUY
Multi-family housing units in Canada.
Very solid portfolio with great management team.
Treading at wide discount to net asset value.
Is buying shares now.
Very defensive name that has access to capital.
No concern in terms of credit quality.
High population growth into Canada makes for good business.
Andrew MoffsOwned
property mngmntinvestment
BUY
Largest industrial REIT in Canada with regards to market cap.
European portfolio weighing down company.
Great management team.
Trading at discount to net asset value.
Own shares and would recommend buying.
Share price presenting buying opportunity.
Andrew MoffsOwned
property mngmntinvestment
BUY
Owns shares in company and believes company is executing well.
Weathering downturn well.
Retail oriented, but adding multi-family units as well.
Expecting earnings growth going forward.
Andrew MoffsOwned
property mngmntinvestment
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