It has been a lousy year for the Canadian stock market. Being levered to commodities and, in particular, metals, has put a drag on the broader Canadian equity market. Due to the languishing prices north of the border, I view Canada as a particularly good place to go bargain hunting these days.
Shares of Dundee REIT [(OTC:DRETF) (D-UN.TO)] ("Dundee" or "the company) are offering investors a compelling asymmetric risk/reward scenario after a steep price correction starting in May 2013. With investors allowing central bank policy to dictate capital allocation decisions rather than underlying fundamentals with respect to income-generating investments, contrarian investors are able to pick up a well-managed firm with attractive real estate assets at a discount.
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|