Emeritus Corporation (ESC), Brookdale Senior Living, Inc. (BKD), The Ensign Group, Inc. (ENSG) and Gentiva Health Services, Inc. (GTIV): Top ‘Living centers’ Stocks

0

Taking care of an aging population has given rise to companies that provide the much needed care to the elderly.  Dominic Chu, on CNBC took notice of Emeritus Corporation (NYSE:ESC), Brookdale Senior Living, Inc. (NYSE:BKD), Gentiva Health Services, Inc. (NASDAQ:GTIV) and The Ensign Group, Inc. (NASDAQ:ENSG) as some of the stocks that have performed exceedingly well in the market over the past five years.

Emeritus Corp.

On the real estate side of things, Emeritus Corporation (NYSE:ESC) takes the pole position as a top ‘boomers’ age stock that operates senior living centers for Americans. Emeritus shares are up by 50% this year alone, making them worth more than $1.5 billion over the past five years. Brookdale Senior Living, Inc. (NYSE:BKD)  is another attractive stock in the real estate segment of living centers, with the same model as Emeritus Corporation (NYSE:ESC). Its stock is already 25% up since the start of the year.

Brookdale Senior Living, Inc. (NYSE:BKD) market cap currently stands at $4.288 billion with its stock having soared by over 280%, over the past five years. Emeritus Corporation (NYSE:ESC) and Brookdale Senior Living, Inc. (NYSE:BKD) are merging to create one of the largest players in the healthcare industry with up to 11000 centers across the U.S…“These two companies are merging to create a huge healthcare player in the real estate side of things,  1100 centers between the two of them, ” said Mr. Chu.

On the home care part of things, Mr. Chu noted Gentiva Health Services, Inc. (NASDAQ:GTIV) that is 24% up this year having remained flat over the past five years. Gentiva Health Services, Inc. (NASDAQ:GTIV) is currently subject of bids from Kindred Healthcare, Inc. (NYSE:KND). It is still unclear whether Kindred will be successful in its attempts. “This guys are subject of a bid from another competitor, kindred healthcare, they are trying to look at buying these guys. They are trying, haven’t succeeded yet” said Mr. Chu.

The Ensign Group, Inc. (NASDAQ:ENSG) is another stock in the same space that is up 36% this year, having done a spinoff of its assets recently. Mr. Chu also pointed out Chemed Corporation (NYSE:CHE) that is up by 152% over the past five years. A closer look at The Ensign Group, Inc. (NASDAQ:ENSG) and  Chemed Corporation (NYSE:CHE) shows that they are trying to either merge, spin off or create a kind of action in the attempt of positioning themselves perfectly for the aging population, for the coming years.

Disclosure: none

Share.