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$CTRE said that it grew the portfolio with over $116MM worth of new investments in 1Q16 adding several new assets, markets and outstanding operators. The average going-in cash yield on these investments was 9.1%. This growth along with all the other deals under contract, will reduce the tenant concentration of Ensign to less than 57% of revenues.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.