Here's Why Welltower Stock is an Apt Portfolio Pick for Now

Welltower Inc. (NYSE: WELL) owns a diversified portfolio of healthcare real estate assets in the key markets of the United States, Canada and the U.K. The favorable senior housing industry, capital-recycling efforts and a healthy balance sheet are likely to continue aiding the company to ride the growth curve.

This Toledo, OH-based healthcare real estate investment trust (REIT) has gained 36.8% in the past six months compared with the industry's 13.8% growth.

Analysts seem bullish on this Zacks Rank #2 (Buy) company. The Zacks Consensus Estimate for WELL's 2024 FFO per share has moved marginally northward over the past two months to $4.19.

Image Source: Zacks Investment Research

Factors That Make Welltower a Solid Pick

Favorable SHO Portfolio Dynamics: Given an aging population and an expected rise in senior citizens' healthcare expenditure, Welltower's seniors' housing operating portfolio is well-poised to capitalize on this positive trend. Muted new supply has also been a tailwind for this industry.

With a supply-demand imbalance, the portfolio is expected to experience sustained occupancy growth in 2024 and the coming years. Capitalizing ...

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