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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