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Welltower (WELL) in Focus: Stock Moves 5.3% Higher
Welltower Inc. (WELL - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 9.8% in the past one-month time frame.
The move came after the company reported solid third-quarter 2018 results.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Welltower currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Welltower Inc. Price
Welltower Inc. Price | Welltower Inc. Quote
Investors interested in the REIT and Equity Trust - Other industry may consider EastGroup Properties, Inc. (EGP - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is WELL going up? Or down? Predict to see what others think:Up or Down
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