BPR - 3 Reasons Brookfield Property Is One Of The Best REITs You Can Buy For 2020
This article was co-produced with Dividend Sensei.
Many income investors today bemoan the fact that stocks have rallied so strongly since their December 2018 bottom (the worst correction in a decade). Back then the forward PE on the S&P 500 bottomed at 13.7, 15% historically undervalued, and a level not usually seen except during bear markets.
It's Been A Great Year For Stocks, REITs and Brookfield Property:
(Source: Ycharts)
Since then almost all asset classes, including REITs have stormed higher and many now fear that there are no high-yield bargains to be found. Brookfield Property