There You Go Again, CareTrust REIT, Another Buying Opportunity Driven By Senior Demand

  • I reaffirm my prior buy rating for CareTrust REIT, agreeing with today's bullish consensus. Several upside factors drove the rating, including portfolio growth and UK expansion, strong profit margins, macro demand for senior care and skilled nursing, and lower balance sheet risk. My future price targets imply upside potential in the share price over 3 years.