AGFTCN was briefly mentioned as one of the companies that will directly benefit from lowered interest rates. GLTA Positive outlook on financials and reits: Archibald
Mike Archibald, vice-president of AGF Investments, joins BNN Bloomberg to discuss Canadian and U.S. markets after the FED meeting. The sector he favors the most is financials, REITS, materials and gold in particular. It broke out to new all-time highs a few weeks ago. The stocks have lagged the commodity significantly and he thinks there is room for a great catch up trade into 2024.
https://www.bnnbloomberg.ca/video/positive-outlook-on-financials-and-reits-archibald~2828886