1 Stock to Buy if the Bank of Canada Keeps Cutting Rates [Yahoo! Finance Canada]
Brookfield Property Partners L.P. - 6.50% Class A Cumulative Redeemable Perpetual Preferred Units (BPYPP)
Company Research
Source: Yahoo! Finance Canada
Having cut interest rates twice already, it's expected to make another important rate decision in September. When interest rates go down, the values of stocks should theoretically go up. It doesn't always work out that way — sometimes stocks are priced in advance, assuming future interest rate moves, which results in an actual interest rate cut having less of an effect than you'd imagine. Nevertheless, some companies are so rate-sensitive that they do respond to interest rate moves directly. In this article, I will explore one such stock that could be a buy if the Bank of Canada keeps cutting rates. Brookfield Brookfield TSX:BN ) is exactly the type of stock that would gain if interest rates keep falling. The company has a very heavy amount of debt — about $335 billion worth, to be precise. Only a small $14 billion chunk of that is held at the corporate level — the rest is either property-specific or held at partially owned subsidiaries. The way Brookfield manages its debt helps a
Show less
Read more
Impact Snapshot
Event Time:
BPYPP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BPYPP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BPYPP alerts
High impacting Brookfield Property Partners L.P. - 6.50% Class A Cumulative Redeemable Perpetual Preferred Units news events
Weekly update
A roundup of the hottest topics
BPYPP
Sec Filings
- 11/14/24 - Form 6-K
- 11/8/24 - Form 6-K
- BPYPP's page on the SEC website