Ventas (NYSE:VTR) – This REIT has geographical diversity with a portfolio of senior housing and health care properties throughout the U.S. On June 21, the Trade of the Day said, “The stock has a dividend yield of 4.05% and a target of $68.50 by fundamental analysts due to its ‘impressive revenue growth greatly exceeding the industry average of 18%.’ It broke from its recent ‘W’ consolidation with a target of $65. But this could be conservative because of an increase in demand due to economic conditions. Buy VTR under $60.”
On June 25, VTR fell to $59.42, reversed, and last week gapped higher. Yesterday, Fitch affirmed Ventas as having “Stable Outlook, Strong Access to Capital, Liquidity, and Solid Management.” The target is raised to $70, and if you did not get in below $60, buy now at the market price.