Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Another checkmark for Gary!

[garyreins]

BMO chief investment strategist Brian Belski still sees value in domestic equity markets and provides examples,

“With the recent rally and valuation surpassing long-term historical averages, many investors have voiced concerns that there is no longer value in Canadian markets. We strongly disagree. In fact, our work shows that despite revitalized outperformance, there remains significant breadth of absolute and relative value in Canada. we find that almost all sectors are showing relative value versus the US. Only Canadian Consumer Staples look expensive. Additionally, according to our models, the Communication Services, Energy, Financials, and Real Estate sectors remain at, or below, historical valuation levels. As such, we believe there remains significant value opportunities in Canadian equities and expect further valuation expansion as earnings momentum continues to rebound and ultimately converge with the US”

Its rather obvious that a grade 3 can see how grossly  the Canadian reit sector ETF and at an individual level are lagging by a landslide.   They should be at early 2023 prices if not higher, and they are magically down 10-25% each.

BOGUS MAN.