City Office REIT: Undervalued As Fed Cuts Rates

City Office REIT (NYSE: CIO ) is swapping hands for 3.2x its annualized fiscal 2024 third-quarter free cash flow. The office REIT generated a free cash flow of $18.28 million in the third quarter, up sequentially and far in excessThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tick ...