Simon Property Group (SPG)
8 months ago
Pacific Northwest Edge
"SPG: Premier mall REIT at P/E 19, targeting higher-income shoppers less affected by trade war tariffs. Luxury tenants (Gucci, LV, Tiffany's) drive foot traffic. $3B FCF covers debt obligations. Unique model with stake in Catalyst Brands. 5.7% dividend yield with strong growth history. Buy below P/E 20."
Sentiment
bullish
Conviction
Medium
Tier
Trade Call
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Episode Information
Episode:
Simon Property Group (SPG)
Source:
Pacific Northwest Edge
Published:
April 16, 2025
Idea Type:
Stock Idea