Tag: Trust
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Medical Properties Trust Stock: Dead Money At Best, Better To Avoid (NYSE:MPW)
DNY59 High-conviction Medical Properties Trust, Inc. (NYSE:MPW) investors have failed to lift MPW from its doldrums over the past two months since I downgraded the stock to a Hold. The caution is justified, as I reckoned the challenges that hampered MPW’s bullish thesis was more than just a hawkish Fed. I indicated that the market…
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Grayscale Bitcoin Trust: Why I'm Switching To A Hedged Position (OTCMKTS:GBTC)
da-kuk Grayscale Investments won a landmark court case (see here) with the result being the SEC must vacate its rejection of Grayscale’s attempt to convert Grayscale Bitcoin Trust (OTC:GBTC) into an ETF or exchange-traded fund. The process of ETF’s being submitted to the SEC is one that’s widely publicized. I’ve been anticipating this would ultimately…
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Essex Property Trust Stock: Still Has Potential (NYSE:ESS)
halbergman/E+ via Getty Images Today I want to take a look at a residential REIT Essex Property Trust (NYSE:ESS). The last time I covered the stock was at the end of July using their Q2 2023 results. I issued a buy rating because I believe that the California exposure of the company, while really heavy,…