First stock in the clip. GLTA
https://www.bnn.ca/video/steve-belisle-s-past-picks~947527
MST.UN-T 2016-09-08 PAST TOP PICK Steve Belisle
(A Top Pick May 18/16. Up 9.08%.) The return would have been even better if it had not been for a transaction they did. Decided to internalize their asset management function, which resulted in a big payment to the founders and management of the REIT. Overall, the company is doing great. They own apartments in the Southern US, and rents keep going up in the upper single digits. They are drawing very strong cash flow growth and deploying capital into acquisitions, and diversifying the portfolio. The apartment market remains very, very strong in the US.
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Price:
$19.770
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes