Skbm 2 REITs That Are Built to Ride Out a Market Crash
Shares of Aecon Group TSX:ARE fell by 15% this week after the company reported earnings. The fall lifted the Aecon stock dividend yield to over 8%, even as shares rebounded slightly by 5% the next day.With a share price that far lower and a dividend yield that far higher than normal, should investors consider Aecon stock Why the drop Shares of Aecon stock dropped after yet another quarter of large losses. Analysts also became less confident in the stock, stating there were too many moving parts. This has left investors and analysts alike stanley cup unsure of what to expect in the near future from the stock.Shares dropped as Aecon stock saw revenue fall 6% year over year to $1.24 billion. Consolidated adjusted earnings before interest, taxes, depreciation, and amortiz stanley website ation EBITDA hit $32 million, which was less than half of projected income. This creat stanley cups ed an adjusted earnings per share loss of $0.03Management statements were far more positive about Cmrn 3 Reasons Why I Believe Yamana Gold Inc. Shares Are Set to Pop
Fear sparked by the global spread of the coronavirus and a looming economic meltdown has caused markets to fall sharply. The TSX recently experienced its worst day since the Black October 1987 stock market crash, and the SP/TSX Composite has lost 12% since the start of 2020. While many investors and traders are paying attention to the fear-generating headlines and stampeding for the exits, cooler heads need to prevail. Sharp market downturns typically present opportunities to acquire quality stocks at very attractive valuations. One stock that has garnered my attention for some time and is now on sale is Brookfield Property Partners TSX:BPY.UN NASDAQ:BPY .Increased riskThe real estate investment trust REIT owns a globally d stanley thermos mug iversified real es vaso stanley tate portfolio, which includes a number of world-recognized marquee properties. Brookfield Property s focus on office and retail real estate means that i stanley cup ts stock has been roughly handled by a market fearful of a sharp global economic downtu |
