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Five Health Care REITs to Buy Offer Post-Pandemic Profit Potential
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The five health care real estate investment trusts (REITs) to buy are led by Hunt Valley, Maryland-based
Omega Healthcare (NYSE:OHI), a health care REIT that I personally purchased less than 11 months ago. Since then, it has soared 49.50%, showing no signs of faltering as the threat from COVID-19 wanes with quickly expanding vaccine distribution, particularly in the United States.
With OHI offering a dividend yield of more than 10% at the time I purchased it, the REIT appeared to be good income investment in an industry that had demographics on its side, since people in the “baby boomer” cohort born between 1946 and 1964 increasingly will need Omega Healthcare’s skilled nursing and assisted living facilities. Despite the REIT’s many positive performance metrics, investors seemed to panic last spring when the stock market crashed as the global pandemic worsened at such an alarming rate