What is Pat’s commentary for the week of February 3, 2015

Alibaba Group Holding (ADR), $91.02, symbol BABA on New York (Shares outstanding: 2.5 billion; Market cap: $224.5 billion; www.alibaba.com), the huge Chinese e-commerce company, raised a total of $25 billion last fall, in its IPO or Initial Public Offering. That figure is a world record… Read More

RioCan Real Estate Investment Trust $25 – Toronto symbol REI.UN

RIOCAN REAL ESTATE INVESTMENT TRUST $25 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; SI Rating: Average) owns all or part of 203 large, outdoor suburban malls across Canada.

In the three months ended September 30, 2006, RioCan earned $0.21 a unit from continuing… Read More

High Quality Assets Plus a Tax Exemption

When Ottawa moved to put income trusts on an equal footing with corporations, it exempted REITs. We’ve recommended these two REITs for some time, mainly because of the quality of their assets.

We continue to view both as buys.

RIOCAN REAL ESTATE INVESTMENT TRUST $25 (Toronto symbol… Read More