Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More

Western Union moves into the digital age

Western Union moves into the digital age

A Member of Pat McKeough’s Inner Circle recently asked for his advice on a long-established stock that is going through the latest of many changes. 

Western Union first began building a transcontinental telegraph network in the 1850s. Today it specializes in money transfers, but that business… Read More