Welltower's Soaring Stock: A Real Estate Giant's Impressive Performance

Welltower Incorporated, a large-cap real estate company specializing in seniors housing, healthcare providers, and health systems, has seen its stock soar by 24.4% over the past three months, significantly outperforming the broader Real Estate Select Sector SPDR Fund. The companys stock hit an all-time high of $209.05 in late November and has remained above its two hundred-day moving average for the past year. Despite a slight dip after reporting better-than-expected third-quarter results, Welltowers stock is currently trading above its average price target with a Strong Buy rating from analysts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.