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Actionable news in BKD: BROOKDALE SENIOR LIVING Inc,

One Reason Why Brookdale (BKD) Stock Is Advancing Today

NEW YORK (TheStreet) -- Shares of Brookdale Senior Living (BKD) were rising on heavy trading volume midday Monday as Barron's said the stock could gain 30% or more in a year.

Concerns over the pace of new construction in senior housing as well as other worries already appear priced into the share price.

Brookdale's management is showing signs of self-improvement, such as recently announced real estate sales, Barron's noted.

Last month, the Brentwood, TN-based company said it would sell 44 facilities by the end of the year for $253 million.

The supply outlook...


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