Simon Property Group - $SPG
11 months ago
Pacific Northwest Edge
"SPG (watchlist): Premier luxury shopping REIT w/ impressive portfolio. Combats e-commerce via high-end experiences. Strong tenant mix (LVMH, Tapestry). 23x PE, not cheap now. Revenue dropped 25% in 2020, but recovered. Debt increasing, but cash flow & dividends outpacing. Watchlist for market crash opportunity."
Sentiment
neutral
Conviction
Medium
Tier
Trade Call
Related Stocks
Episode Information
Episode:
Simon Property Group - $SPG
Source:
Pacific Northwest Edge
Published:
January 20, 2025
Idea Type:
Stock Idea