SNF-focused stock poised for growth amid challenges By Investing.com
CareTrust REIT, Inc. (NASDAQ:NYSE:), a healthcare real estate investment trust specializing in skilled nursing facilities (SNFs) and senior housing properties, has been navigating a complex market landscape characterized by improving industry fundamentals and persistent regulatory uncertainties. As the healthcare REIT sector continues to recover from the impacts of the COVID-19 pandemic, CareTrust has positioned itself as a favored player among SNF-focused REITs, leveraging its strong balance sheet and robust acquisition pipeline to drive growth.
Company Overview and Recent Performance
CareTrust REIT operates within the healthcare real estate sector, with a primary focus on skilled nursing facilities and senior housing properties. The…
