How do you guys feel about REI-UN and BEP-UN

Riocan is getting bashed on pretty much every social media page and YouTube video out there right now, so take advantage as this bad press drives the price down. I also agree they are solid. Our household has them in our portfolio, and we are about $400 dollars down right now, but will hold our shares, even if the price continues to drop. Riocan has plans in the works and are not sitting idly by as we watch the world of rent payers change - they are diversifying and being proactive. This drop in interest rate will hopefully improve their position as they build. Note that around its dividend pay date, the stock usually starts to rise past the $15 dollar mark (not sure why), so don't get panicky if you see this and think you need to rush to buy in. I think they pay around the 8th or so. (Yes, I "time" my buy in for stocks. Sometimes you need to adjust when a new threshold is hit and maintained, which has happened to many stocks as the prices recover, like T, POW, NFI and MFC. Riocan has not hit recovery yet, so you should be able to get it at $14 something - or lower if social media keeps going at it in a negative light.)

Thanks Dan!

Hey there! We are bullish on both. In fact, both of them are Foundational Picks for 2020. I'm not sure if you've read that post, but you can check it out here

https://www.stocktrades.ca/premium/stocktrades-foundation-stocks/

Now, this was published pre-covid, and some things have changed since then. However, we still view RioCan as a company that is a long term hold. They're getting hammered right now due to their commercial and retail exposure, however they had been working hard to diversify into a more residential base, and will get there eventually.

As per the distribution, the company has stated it's safe. But, always take what management says with a grain of salt.

As per BEP, it does currently have a 14 day RSI of just over 80, signaling that there could be a dip in price. Maybe use this to time your entry point?

Hey there! We are bullish on both. In fact, both of them are Foundational Picks for 2020. I'm not sure if you've read that post, but you can check it out here

https://www.stocktrades.ca/premium/stocktrades-foundation-stocks/

Now, this was published pre-covid, and some things have changed since then. However, we still view RioCan as a company that is a long term hold. They're getting hammered right now due to their commercial and retail exposure, however they had been working hard to diversify into a more residential base, and will get there eventually.

As per the distribution, the company has stated it's safe. But, always take what management says with a grain of salt.

As per BEP, it does currently have a 14 day RSI of just over 80, signaling that there could be a dip in price. Maybe use this to time your entry point?