3 Top Assisted-Living Stocks on the Market Right Now
Looking for long-term investing opportunities that benefit from a clear and unstoppable trend? Assisted-living stocks could be just the ticket. Millions of baby boomers are already in their early 70s. Life expectancies are increasing. Demand will increase for assisted living facilities, which help seniors live independently while providing some assistance for daily living and care.
However, the average age for residents in assisted living is nearly 87, according to the Assisted Living Federation of America. The oldest baby boomers won't reach that age until 2033. So while the long-term boom for assisted living appears to be an almost sure thing, it will be a few years before the market really accelerates.
Investors in assisted-living stocks should be able to count on tremendous opportunities down the road, but it's important to pick stocks that are already strong today. CareTrust REIT (NASDAQ: CTRE), Omega Healthcare Investors (NYSE: OHI), and Welltower (NYSE: HCN) fit the bill. Here's why these are three top assisted-living stocks on the market right now.
Source: Fool.com
Omega Healthcare Investors Inc. Stock
We see a rather positive sentiment for Omega Healthcare Investors Inc. with 9 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 33 € is below the current price of 35.76 € for Omega Healthcare Investors Inc., so the potential is actually -7.72%.
