TSX:AD.DB.A - Post by User
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retiredcfon Feb 23, 2022 6:31am
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Post# 34452814
Panic-Proof Portfolio
Panic-Proof Portfolio TOP PICK
Alaris Equity Partners Income Trust(AD.UN-T)
21/02/2022 at 07:00pm
Stockchase Research Editor: Michael O’Reilly We once again reiterate this private equity based income trust as a TOP PICK. It generates about 85% of its cashflow from US operations (the rest in Canada), in a well diversified portfolio of assets. It trades at 6x earnings compared to peers at 24x and trades at just over 1.1x book value. It pays a growing dividend, backed by a payout ratio under 45% of cash flow from operating activity. We recommend trailing up the stop (from $15.50) to $17.00, looking to achieve $21.00 -- upside potential over 15%. Yield 7.2% (Analysts’ price target is $18.24)
TRUST, SAVINGS AND LOAN
The Panic-Proof Portfolio (Stockchase Research)
$18.010
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