HCP remains one of the most attractive REITs we cover.
Health Care Property HCP turned in an excellent second-quarter report in which revenue jumped 19%. Rising occupancies, inflation-based rent bumps, and additional rents from recent acquisitions boosted revenue growth significantly. Costs remain well-contained thanks to the company's triple-net lease ...
Ventas’ spin-off of skilled nursing facilities and Ardent acquisition add value for shareholders.
We recently upgraded a few banks and enterprise software firms to wide moat status, and raised our fair value estimates on health-care REITs.
Interest-rate fears bring utility and real estate valuations in line, but the broader market still looks fully valued.