On Friday, the S&P 500 surged 1.2% and Toronto was up 0.7%
The two Brookfield Office Properties preferred shares on out list ere up 5.9% and 4.5%. This has been an extremely volatile and mostly losing investment. These are risky but it appears that better days are ahead.
My next update will be for Metro the big Quebec-based grocer and pharmacy chain. They had a very strong fiscal 2023 (which ended September 30). But they project adjusted earnings per share in 2024 to be flat to down about 2%. So the timing may not be the best but it looks like a solid long-term investment. I may buy a few shares tomorrow as an initial position. Honestly, Loblaw may be a better choice but I have not looked at it in a very long time. Loblaw is a stronger and more dominant company but it also trades at a somewhat higher P/E ratio.