Unappreciated aspects of Welltower , a real estate investment trust that invests in health care infrastructure, are likely to translate into long-term growth ahead, according to Bank of America. Analyst Joshua Dennerlein reiterated his buy rating on the S & P 500 company, which owns senior housing as well as post-acute care and outpatient medical facilities.
mountain WELL, year-to-date Notably, Dennerlein believes Welltower's culture is a key underappreciated driver. He also highlighted its "extreme" focus on compounding long-term cash flow growth on a per share basis and its attention to data analytics and artificial intelligence. These aspects of the business model, he said, have created a "powerful" flywheel effect for growth that will allow it to surpass not only its peer Ventas but other REITs in coming years.