TSX:PRV.DB - Post by User
Post by
olive15on Jul 06, 2020 4:04pm
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Post# 31230488
Looking Forward
Looking Forward Once the economy stabilizes, reits will outperform. Here's a quote from TD's monthly report issued today: "We believe that the REIT sector as a whole is arguably in its best-ever shape (financially and market fundamentals) to head into a "black swan" event like COVID-19. As such, barring any extreme scenarios that might evolve, we believe investors should view this price volatility as a relatively rare opportunity to buy some of our highest quality names at attractive long-term
valuations." Patience, and the end of Covid should boost many reits, inlcuding PRV, to their pre-pandemic sp.