- Tricon Residential Inc. (TCN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Slate Grocery REIT Class U Units (SGR.U)
Q: TCN ( down 40%) , SGR.U ( down 17% ) IIP.UN (down 25% )
Looking at possibly selling these losers . Your opinion sell or hold ? If I do sell, what safe dividend paying stock would you suggest for a hold
Looking at possibly selling these losers . Your opinion sell or hold ? If I do sell, what safe dividend paying stock would you suggest for a hold
5i Research Answer:
We would be OK keeping TCN for a housing/rate recovery in the US. The others we would view as 'OK' and we do like IIP.UN in terms of the REIT sector. But either could be replaced with dividend/growth stocks such as QSR, TRI, FTS or EIF.