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Senior living facilities are the next growth industry

|Includes: Brookdale Senior Living Inc. (BKD)

As a larger and larger portion of our population begins to age senior living facilities should be the next great growth market.  This market just may not be discretionary in the future.  Brookdale Senior Living (NYSE:BKDhas been having very positive price momentum and was added to the Barchart Van Meerten New High Model portfolio today.

 
Brookdale Senior Living Inc. is a leading owner and operator of senior living facilities throughout the United States. The Company is committed to providing an exceptional living experience through properties that are designed, purpose-built and operated to provide the highest-quality service, care and living accommodations for residents. The Company owns and operates independent, assisted and dementia-care facilities.

Technical Factors:

  • 100% Barchart technical buy signal
  • 15 new highs and up 20.24% in the last month
  • Relative Strength Index 77.86% and rising
  • Trades around 26.37 with a 50 day moving average of 22.26
Fundamental Factors:
  • Wall Street brokerage analysts have published 5 buy and 2 hold recommendations for their clients
  • Sales are projected to increase by 5.40% this year and 4.80% next year
  • Earnings are estimated to increase by 51.50% this year, 181.30% next year and 12.50% annually for the next 5 years
Investor Sentiment:
  • The Motley Fool CAPS members vote 101 to 26 that the stock will out perform the market
  • The All Stars agree by a vote of 43 to 4.
Jim Van Meerten is an analyst for  Marketocracy Capital Management.  He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs onBarchart.com  in his daily blog -- Barchart Portfolio Blogs.
 
Through Marketocracy Capital Management  you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High model portfolio. 

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in BKD over the next 72 hours.