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Why Brookdale Senior Living (BKD) Stock Might be a Great Pick


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One stock that might be an intriguing choice for investors right now is Brookdale Senior Living Inc. BKD . This is because this security in the Medical - Nursing Homes space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Medical - Nursing Homes space as it currently has a Zacks Industry Rank of 7 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Brookdale Senior Living is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm's prospects in both the short and long term.

Brookdale Senior Living Inc. Price and Consensus

Brookdale Senior Living Inc. Price and Consensus

Brookdale Senior Living Inc. price-consensus-chart | Brookdale Senior Living Inc. Quote

In fact, over the past month, current quarter estimates have risen from a loss of 34 cents per share to a loss of 27 cents per share, while current year estimates have risen from a loss of $1.33 per share to a loss of $1.17 per share. This has helped BKD to earn a Zacks Rank #2 (Buy), further underscoring the company's solid position. You can see  the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

So, if you are looking for a decent pick in a strong industry, consider Brookdale Senior Living. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: BKD



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