Norman Levine
Manor Care
HCR-N
TOP PICK
May 17, 2005
Largest long term care retirement home in the US. Largest portion of their revenue is medi-care people. Government was expected to cut back on medicare, but it didn't happen and the stock shot up. Stock has moved into a new trading area here. Fundamentals are excellent.
Extremely well run. Very conservative balance sheet. Good growth potential. Some political risks because 65% of their revenues are from Medicare and Medicaid.
The largest long term care provider in the US and is the best run. Also diversifying into new areas such as hostices. Have good earnings momentum behind them.