Here’s How HCP Inc. Crushed It In 2017

Here’s How HCP Inc. Crushed It In 2017

Real estate was one of the worst-performing sectors of 2017, and healthcare REIT HCP (NYSE: HCP) was no exception. While the S&P 500 is up by more than 19% for the year, HCP is down by 8.7%. Even when you factor in dividends, shareholders are still in the red for 2017.

Despite the dismal stock performance, 2017 was a rather strong year for HCP. Here's a rundown of what happened with HCP in 2017, and why the stock is down despite a solid year.

Image Source: Getty Images.

Continue reading

Source: Fool.com