TSX:CAR.UN - Post Discussion
Post by
retiredcf on Dec 11, 2020 7:14am
More Baskin Details
Last stock in the clip. GLTA
https://www.bnnbloomberg.ca/video/david-baskin-s-top-picks~2097954
CAPREIT (CAR-U TSX)
CAPREIT is the largest apartment landlord in Canada and its shares have suffered due to a rent freeze implemented by the Ontario government and concerns over demand from foreign students and occupancy. Nonetheless, CAPREIT's apartments remain one of the most affordable housing options in Toronto and Vancouver with rent controls placing CAPREIT's realized rents significantly below market. Even with the rent freeze, CAPREIT should still be able to realize double-digit rent increases on turnover. We believe that the secular immigration tailwind for Canada will continue after COVID is over and that CAPREIT's stock is a good long-term buy with a 2.75 per cent yield and trading below book value.
| BDX | N | N | Y |
| V | Y | Y | Y |
| CAR-U | Y | Y | Y |
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