In our final report for 2023, we look back on Simon Property Group. This is the apex predator in the US when it comes to retail property, owning a vast portfolio of high-end malls and investments in various other portfolios around the world. This puts the group at the centre of macroeconomic concepts like consumer spending, inflation and yield curves. What has this meant for the share price this year and the prospects in 2024?
With 31 Premium shows behind us, we’ve learnt so much from our detailed research on global stocks. For example, we now know that Lululemon has an incredibly strong brand and direct-to-consumer strategy, with the next results due on 2nd June. We’ve also covered brands like Nike and Starbucks, which have had a tough time recently. In the search for defensive stocks, we’ve previously highlighted Pepsico and Visa as solid companies. Both have comfortably beaten the market this year, down between 3% and 4% in 2022. Simon Property Group is the kind of business that many would choose as a defensive stock, [...]
Use the podcast player below to listen to our discussion on Simon Property Group and its Q1’22 result, which accompanies the detailed write-up below: (Date of report: 19 May 2022) Inflation is on a rampage and taking markets with it. There's a bloodbath everywhere you look. We've been almost entirely bearish on the valuations of companies we've covered in Premium and now you can see why. Market corrections can be hideous things. The best thing to do right now is build up a shopping list for when things calm down. In times like these, investors look for assets that can withstand [...]
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