Senior citizens constitute one of the most important segments of the Healthcare Facilities Industry. This stock is involved in a business which will become increasingly relevant as longevity improves. The company offers a variety of products to suit individual needs of the aged and infirm. This starts with independent living units in which people can live in privacy, drawing on specialized care services on a fee basis over a basic charge.

The company also offers assisted living in which all meals are provided in common dining areas, with essential housekeeping and personal hygiene assistance built into basic charges. Finally, there are nursing homes with skilled technical personnel available around the clock. The company addresses all routine care needs of elderly citizens, never sacrificing the valuable privacy aspect.

The stock has additional value because of the management’s sustained efforts to diversify horizontally. Some of its nursing homes care for the critically injured, offering both nursing as well as therapeutic aids to recover from spinal and other injuries, which may impair normal movement and faculties. This is valuable for people involved in serious accidents and from chronic ailments, regardless of age.

The pharmacy business of the company is another intelligent business expansion that stock investors will appreciate. The pharmacies cater not just to the needs of the approximately 18 thousand occupants of its bed capacity, but also to general public requirements through a mail-order service.

The management blends its diversification strategy with conservative financial management. It tends to start new sites through lease arrangements, though the company’s capital spending has grown faster over the past five years than for the whole Healthcare Facilities Industry. Investors can look forward to a bright future for this stock which has an annual Sales Growth rate and a Gross Margin which are both better than achieved by competitors.

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