Published on 26 Mar 2024 on Zacks via Yahoo Finance
Diversified Healthcare (DHC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this residential care real estate investment trust have returned -19% over the past month versus the Zacks S&P 500 composite's +2.7% change. The Zacks REIT and Equity Trust - Other industry, to which Diversified Healthcare Trust belongs, has lost 0.7% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.