Morgan Keegan Has Thoughts On Health Care Reit (HCN)

Morgan Keegan has some thoughts on the healthcare REIT index, in particular Health Care REIT, Inc. HCN. In a note to clients, Morgan Keegan writes, "We believe the outperformance is primarily due to the weak economy, which has moved REIT investors out of the more cyclical industrial, office, retail and residential sectors into healthcare. Additionally, our investment thesis is based on an expectation of accretive investments, and the pace of new investments this year has picked up markedly. Absent a change in either trend, we expect a continued outperformance." Shares of Health Care REIT, Inc. gained 22 cents on Friday to close at $45.08.