Analyst RecommendationTwo clips (first stock in the past picks). GLTA
https://www.bnnbloomberg.ca/video/greg-newman-s-past-picks~1638710
https://www.bnnbloomberg.ca/video/greg-newman-discusses-dream-industrial-and-brookfield-property-partners~1638700
PAST TOP PICK
Brookfield Property Partners(BPY.UN-T)
March 18, 2019
(A Top Pick Mar 29/18, Up 15%) They're buying back shares. He sees 9% AFFO growth. Trades at a reasonable 14.7x. It's only fault is high leverage with a high payout ratio, but they're selling assets to take care of that. The high US dollar and rising rates are no longer headwinds.
Greg Newman
Director &, Scotia Wealth Manage...
Price $26.450
Owned Unknown
BUY
Brookfield Property Partners(BPY.UN-T)
March 18, 2019
Dream Industrial REIT vs. BPY Dream is a good asset in a good space with a decent valuation. He likes it, but he prefers BYP for its global focus and better long-term growth. BPY trades at a good valuation. He prefers BPY, but you can buy both.
Greg Newman
Director &, Scotia Wealth Manage...
Price $26.450
Owned Unknown