Morguard Corp T.MRC

Alternate Symbol(s): MRCBF

Morguard Corporation is a Canada-based real estate and property management company. The Company’s principal activities include the acquisition, development and ownership of multi-suite residential, commercial and hotel properties. The Company has various retail, office, industrial, hotel and residential holdings owned directly and through its investment in Morguard Real Estate Investment Trust and Morguard North American Residential REIT. Its owned and managed portfolio of assets is valued at over $17.6 billion. The Company owns a diversified portfolio of over 160 multi-suites residential, retail, office, industrial and hotel properties located in Canada and in the United States. The Company also provides real estate management services to institutional and other investors. The Company, through Lincluden Investment Management Limited, offers institutional clients and private investors a broad range of global investment products across equity, fixed-income and balanced portfolios.

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Morguard Corp > The trend is your friend

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Post by pierrelebelon May 22, 2021 12:07pm

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Post# 33254004

The trend is your friend

MRC - Closing prices for the last six weeks on the TSE.

April 16 - $117.50

April 23 - $119.97

April 30 - $123.44

May 7 - $128.16

May 14 - $134.27

May 21 - $138.82

That works out to a gain of about 12% in five weeks (April 19 to May 21). Not bad for a "real estate" stock.

Of course there is no guarantee that the uptrend will continue but.... looking pretty good so far.

Good Luck to all shareholders.

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