Healthcare REITs have dramatically underperformed the broader market over the last 12 months due to the impact of the coronavirus crisis on their business. However, investors should not dismiss these stocks, particularly given that the broad market has doubled off its bottom last year and is now trading at a rich valuation level.
While healthcare REITs are currently hurt by the pandemic, they benefit from a strong secular trend, namely the aging of the U.S. population.
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Therefore, investors with a long-term perspective....More>>>