MikesMarkets

Great Long Term Play for MGP

Long
NYSE:MGP   None
NYSE:MGP

MGM Growth Properties has great potential to outperform the market. I believe that right now is a good pullback price and based on a DCF Valuation it is trading at a discount currently. $MGP is at a 6.57 Div/Yield rate and climbing. On top of the great dividend, it has shown solid Capital Appreciation and I'm looking for continuing growth. On top of this, MGP has solid intrinsic value in purchasing ground leases.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.