TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Apr 24, 2024 11:18am
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Post# 36005133
RE:RE:BPO
RE:RE:BPO
From time to time one sees an opportunity on the market created usually by someone who sells at any price. I managed to get 900 additional shares yesterday at $14.60 for a yield of 11.64%.
I still expect interest rates to come down in Canada before the USA, including the Canada 5 year bond currently holding at 3.8%. My forecast remains for 3.00% to 3.25% by yearend.
As such, most preferred shares and interest sensitive stocks such as BCE, TRP, etc... will benefit.
Life is good