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Mhls Follow Warren Buffett and Keep Investing in a Turbulent Market
RioCan TSX:REI.UN is down significantly from the 2022 high. Investors who missed the big rally off the 2020 crash are now wondering if the retail REIT giant is now undervalued and a good stock to buy for an income portfolio.RioCan overviewRioCan is one of Canada largest REITs with a current market capitalization of $6.8 billion. The pandemic hit this REIT particularly hard due to its large portfolio of shopping malls. Fortunately, government aid for businesses helped many of RioCan tenants make their payments, and RioCan worked out agreements with others to help get through the lockdowns.Now that malls, restaurants, gyms, and cinemas are open again RioCan is seeing revenue numbers bounce back, and demand for retail space is improving.Looking ahead, there should be good news for investors in the next few years.RioCan shifted botella stanley its strategy before the pandemic. The compan stanley termoska y sold off a number of pro stanley cup perties located in smaller cities and decided to focus its investments on si Vmsc 2 Canadian Oil Stocks That Could Soar
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