Stock Trade-of-the-Week: Pure Industrial Real Estate Trust (AAR/UN)
Companies / Investing 2017 Feb 05, 2017 - 03:43 PM GMTCompany Profile: Pure Industrial Real Estate Trust is an independent equity real estate investment trust. The firm acquires, owns, and operates a diversified portfolio of income producing industrial properties in primary industrial markets. It invests in the real estate markets of Canada. Pure Industrial Real Estate Trust was founded in June 2007 and is headquartered in Vancouver, Canada.
Fundamentals:
Trailing P/E: 9.57
Forward P/E: 14.82
PEG: Negative, not meaningful
Beta: 0.70
P/S: 7.96
P/B: 1.08
Profit Margin: 67.31%
Operating Margin: 67.18%
ROA: 3.52%
ROE: 11.66%
Qrtly Earnings Growth (YoY): -18.20%
Current Ratio: 0.80
Dividend Yield: 5.54%
Additional Fundamental Data: http://finance.yahoo.com/quote/AAR-UN.TO/key-statistics?p=AAR-UN.TO
Technicals:
AAR/UN just broke out of a 6-month consolidation
New 52-week high
New all-time high
Above a rising 50-week m/a
Buying momentum (RSI) is positive and rising
Buying volume is neutral
1st support is at $5.60
The safety stop is at $5.49
The target is $6.75
Suggested trading approach: Buy the stock at the current price level. If there is a pullback, as long as it is above the safety stop, wait for confirmation of support and then add to the position.
Note: 4100 shares of AAR/UN are going to be added to the TS Model Portfolio on February 6, 2017.
By Donald W. Dony, FCSI, MFTA
www.technicalspeculator.com
COPYRIGHT © 2016 Donald W. Dony
Donald W. Dony, FCSI, MFTA has been in the investment profession for over 20 years, first as a stock broker in the mid 1980's and then as the principal of D. W. Dony and Associates Inc., a financial consulting firm to present. He is the editor and publisher of the Technical Speculator, a monthly international investment newsletter, which specializes in major world equity markets, currencies, bonds and interest rates as well as the precious metals markets.
Donald is also an instructor for the Canadian Securities Institute (CSI). He is often called upon to design technical analysis training programs and to provide teaching to industry professionals on technical analysis at many of Canada's leading brokerage firms. He is a respected specialist in the area of intermarket and cycle analysis and a frequent speaker at investment conferences.
Mr. Dony is a member of the Canadian Society of Technical Analysts (CSTA) and the International Federation of Technical Analysts (IFTA).
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