This High-Yield Stock's Business Could be Under Pressure Until at Least 2023
The coronavirus pandemic has been particularly difficult for nursing homes. That's the big story behind Omega Healthcare Investors' (NYSE: OHI) recent troubles, given that it is one of the largest publicly traded nursing home-owning real estate investment trusts (REITs) you can buy. The thing is, while business has been improving, there's still a long way to go.
Very few people, if any, go into a nursing home because they want to. These facilities provide a high level of care to people who need more help than can be easily or affordably provided in a different setting. Nursing homes are a textbook case of a necessity service. That, in many ways, provides a strong underpinning to the business.
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Source Fool.com
