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Stock impact report

This Canadian Stock Is Down 31% and Nearly Perfect for Long-Term Investors [Yahoo! Finance Canada]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
And right now, that's exactly what's happening with Canadian Apartment Properties REIT TSX:CAR.UN Based on its current valuation, the stock is trading at roughly 16.1 times its forward adjusted funds from operations (AFFO), which is about a 31% discount to its 10-year average multiple of 23.5 times. That's a massive discount for a business that hasn't fundamentally changed all that much and continues to be a reliable business you can buy and hold long-term. So, the question isn't really why the stock is down; it's whether this is an opportunity to take advantage of. Let's look at what makes the Canadian stock such a reliable investment for long-term investors. Why is CAPREIT one of the best long-term stocks that Canadians can own? One of the biggest reasons why CAPREIT is a top pick for investors across Canada is how simple the investment is. If you want exposure to Canadian residential real estate, this is easily one of the most straightforward ways to get it. Instead of Show less Read more
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