Time to Take Some Profits
We have decided to sell Crombie REIT (TSX: CRR-U; OTC: CROMF) after the strong price performance over the past few weeks. The company has a good portfolio of properties, but the complete absence of growth makes it a less attractive proposition despite the distribution yield of over 6%. Sell Crombie REIT.
Another sale from the Dividend Champions Portfolio is Canadian Utilities Ltd. (TSX: CU, OTC: CDUAF). The stock has performed well over the past few weeks to such an extent that the price is 15% above our fair value and with a dividend yield that has dropped to 3.4%. Sell Canadian Utilities.
Stock Talk
Dr. Nick
I am trying to find the name of the company applying for FDA approval for a cancer vaccine utilizing alpha cell technology.
Ari Charney
Hi Nick,
I believe that’s a teaser from a promotion for Smart Tech Investor, which is one of our sister publications. If you sign up for the service, you should receive a special report that names the stock along with any others mentioned in the promo.
You can learn more about that service here:
http://www.investingdaily.com/tech/
Best regards,
Ari
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