TSX:CAR.UN - Post by User
Comment by
Mephistopheles3on Apr 15, 2022 6:10am
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Post# 34606058
RE:RE:RE:Analyst Comment
RE:RE:RE:Analyst CommentRight, I had that feeling as well. I don't think CAR is in particular better run than BEI or even InterRent or Killam. They're all pretty great REIT's and the Residential REIT market should be poised to grow given the general macroeconomic trends (rising rents, low supply, 400K skilled immigrants coming in each year, etc..).
However, BEI is running close to a 52 week high where CAR is running at close to a 52 week low. There's a real disconnect and I think CAR is oversold while investors wait for results to release. We'll see soon in a few weeks!