TSX:AX.PR.E - Post by User
Comment by
InvestSmarteron Jan 05, 2024 12:57pm
75 Views
Post# 35812721
RE:RE:Narrative is…
RE:RE:Narrative is…MPCT is oversold for a residential focused REIT and the quality. Should be over $10. They cut last year so I assume yield is safe. Yield is almost 10%.
PRV high yield still.
Need to replace bonds and money markets with these reits at high yields. Makes sense for them to drop to 7-8% yields (higher prices to come).
ScroogeMcDuck1 wrote: Edit, prv and mpct still running. Ax is in the buy zone as well, good yield and recent transaction news.