For long-term investors, now is an excellent time to buy leading businesses, with the cash flows and balance sheet to survive the downturn, at significant discounts.
Each week, we tap the insight of Sam Stovall, Chief Equity Strategist for S&P Capital IQ, for his perspective on the current market.EQ: As you’ve pointed out before, the hot streak that
Initial Jobless Claims rose to 417,000 in the latest week well above the 350,000 recessionary threshold. The Dow Jones Industrial Average traded up at the open to 11,406.39 on the news that Warren
Company chart and information is provided by TradingView based on 15-minute-delayed data.
Pennsylvania Real Estate Investment Trust is a self-managed and self-administered REIT in the United States. It is engaged in the ownership, management, leasing, acquisition, redevelopment, development and disposition of retail shopping malls including regional department stores and large format retailers. Its properties involve mall portfolio, redevelopment, speciality leasing, and partnerships and marketing. It derives the substantial majority of revenue from rent leases of retail properties in the real estate portfolio.
| Website: | www.preit.com |
| Email: | investorinfo@preit.com |
| Main Phone: | +1 215 875-0700 |
| Address: | One Commerce Square, 2005 Market Street |
| Address 2: | Suite 1000 |
| State: | PA |
| City / Town: | Philadelphia |
| Country: | US |
| Postal Code: | 19103 |
| Exchange: | NYE |
| CEO: | Joseph F. Coradino |
| Employees: | 233 |
| NAICS: | Lessors of Nonresidential Buildings (except Miniwarehouses)(531120) |
For long-term investors, now is an excellent time to buy leading businesses, with the cash flows and balance sheet to survive the downturn, at significant discounts.
Each week, we tap the insight of Sam Stovall, Chief Equity Strategist for S&P Capital IQ, for his perspective on the current market.EQ: As you’ve pointed out before, the hot streak that
Initial Jobless Claims rose to 417,000 in the latest week well above the 350,000 recessionary threshold. The Dow Jones Industrial Average traded up at the open to 11,406.39 on the news that Warren
| Last Price N/A | Change $ N/A | Change % N/A | Tick N/A |
| Bid N/A | Bid Size N/A | Ask N/A | Ask Size N/A |
| Open N/A | High N/A | Low N/A | Prev Close N/A |
| Last Trade | Volume N/A | 52 Wk Hi N/A | 52 Wk Low N/A |
| Market Cap N/A | Ex-Div Date N/A | Div Rate N/A | Yield N/A |
| Shares N/A | EPS (TTM) N/A | PE Ratio N/A | Exchange N/A |
© 2022 Equities News | Equities.com, Inc.
* All dates and time are being displayed in Eastern Standard Time (EST).
