TSX:REI.UN - Post by User
Comment by
Frankie10on May 18, 2024 10:35pm
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Post# 36047673
RE:RE:Scotia comments after conference
RE:RE:Scotia comments after conferenceI disagree with the analysts (what's new). There are a clear set of catalysts that would create a short-term breakout, being 1) cool cpi print next week, followed by 2) rate cut early June. I'm not saying this is or isn't my base case... but the probability of this happening is NOT zero. REITs are completely misunderstood in Canada. Riocan trading at this level is incredible - I'm a buyer here - yield is greater than my marginal borrowing cost.