REITs have appeal despite higher rates

Most real estate stocks and REITs were well on their way to recovering their pre-COVID highs when interest rates began to rise. But those higher rates worried investors and dramatically slowed that recovery.
Still, for most real-estate classes (except for office buildings), occupancies have risen back… Read More

Q: Hello. I would be interested in your thoughts on Chartwell Retirement Residences. I read they are moving out of long-term care. Thanks.

A: Chartwell Retirement Residences, $11.04, symbol CSH.UN on Toronto (Units outstanding: 234.7 million; Market cap: $2.6 billion;, is a real estate investment trust that is now focused on retirement homes.

The company is the largest owner and operator of seniors’ residences in Canada. It owns… Read More

Our stock updates help protect your gains

CROCS INC. $52 is a hold. The company (Nasdaq symbol CROX; Consumer sector; Shares outstanding: 61.6 million; Market cap: $3.2 billion; No dividend paid; Takeover Target Rating: Medium; makes casual footwear for men, women, and children. It is best known for its molded shoes featuring Croslite, a non-toxic… Read More