PaulDeep19131

Granite Trust: Capital Appreciation; Growth; Cash Cow

Long
TSX:GRT.UN   GRANITE REAL ESTATE INVESTMENT TR
REITs are generally known for their moderate increase in capital appreciation and for portfolio stability and normally decent dividends.

What we have here is one of the best up and coming REITs in the commercial/industrial sector which is far more "safe" in any potential downturns compared to the residential and other sectors in the real-estate business.

Three key points that are important to this REIT trust:
1) The company is extremely well run, well diversified and has a ton of free cash to acquire any future land at any time
2) They own the properties of all Magna factories which is the largest car parts player in the world. This provides a safety net for the company
3) High EPS, low P/E and lower than average outstanding shares make this REIT one of the best REITs to buy on the market (in Canada and the USA)

Strong chart technicals should allow this REIT to continue to provide investors with capital appreciation for years to come.

- zSplit
Comment:
Technicals showing deeper handle.

For those interested in the stock a potential re-test near $64 is possible.

Monitor closely!
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