Wednesday, April 10, 2013

Chart of the Day - Senior Housing Properties (SNH)

The Chart of the Day is Senior Housing Properties Trust (SNH) and had gains in 17 of the last 20 trading sessions for an increase of 8.50%.  The Trend Spotter signaled a buy on 2/11 and since then the stock is up 11.59%.  I found the stock when I sorted the New High list for frequency.

The REIT invests in senior housing income producing real estate, including senior apartments and assisted living, congregate care and nursing home properties. Senior apartments are marketed to residents who are generally capable of caring for themselves. Residence is generally restricted on the basis of age. Purpose built properties may have special function rooms, concierge services, high levels of security and centralized call buttons for emergency use.


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