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Brookdale Senior Living (BKD +6.4%) shares are riding high after Bloomberg says the company...

Brookdale Senior Living (BKD +6.4%) shares are riding high after Bloomberg says the company could be the next takeover target in the senior living space. BKD has the group's lowest valuation relative to cash flow, and operating margin is projected to reach a record high next quarter, Bloomberg calculates. Its stock price "doesn’t really reflect the improving fundamentals," an analyst says.
Comments (5)
  • W. Walker Jr.
    , contributor
    Comments (271) | Send Message
     
    Of all the senior housing companies out there I would not have pegged BKD as a takeover target. There are several others that present better opportunities.
    27 Sep 2012, 03:05 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5301) | Send Message
     
    Long BKD and loving the "news" that they are a takeover target.
    27 Sep 2012, 03:14 PM Reply Like
  • W. Walker Jr.
    , contributor
    Comments (271) | Send Message
     
    I bet you are, it might be wise to pull a little profit off the table, they are likely to see a downturn in the short term.

     

    For those looking for an entry point, be patient for a few weeks.

     

    An oversold senior housing alternative stock would be ALC. (don't be too quick to throw your nose in the air at it either)
    27 Sep 2012, 03:19 PM Reply Like
  • W. Walker Jr.
    , contributor
    Comments (271) | Send Message
     
    Tickle me pink, after poking my head around, it seems that BKD may very well be in play. I revise my last statement, I wouldn't pull any profits off the table at this time. I just wouldn't be a buyer at these levels, even with the potential for a "takeover."
    27 Sep 2012, 06:29 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5301) | Send Message
     
    Thanks for the advice.

     

    I hold a small position of BKD in my portfolio. I bought in after having my mother-in-law do a rehab stint following shoulder surgery at a BKD owned facility. Needless to say, I was super impressed with the facility and did some homework on the company. I liked what I saw and continue to hold BKD long.

     

    I have not added to my position and have no intention of doing so. I will watch closely at what happens with BKD.

     

    Thanks again for you comments.
    27 Sep 2012, 10:35 PM Reply Like
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