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Stock impact report

Medical Properties Trust: No Longer A Viable Choice For A Long-Term Portfolio [Seeking Alpha]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Seeking Alpha
Last summer, IstartedMPWFirst and foremost, I assumed that the business niche offered by hospital leasing (MPW is a unique pure-play hospital REIT) would guarantee a durable moat in a very lucrative segment, which will become increasingly relevant in the next few decades due to the aging population and the consequent, secular growth in healthcare assistance worldwide.Recently, this thesis has been greatly challenged by theCOVID-19 outbreak, which has resulted in a sudden spike in hospitalizations and intensive care assistance inside and outside the US. Contrary to my expectations, MPW's business didn't pass the test.Shares plummeted by about 50% in 30 days, more than the broader market and mostly in line with other REIT classes. Some may argue that investors overreacted, but it's only fair to recon that there are a few good reasons to be cautious here.Source: Yahoo financeShort and Long-Term RisksThe scenario is quite clear now: as CEO Edward AldagstatedtemporarilyOn top of that, it's Show less Read more
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