Group 1: Alphabet Inc. (GOOGL) - Alphabet Inc. has seen its shares soar to new all-time highs, with a remarkable gain of 54% year-to-date in 2025 [1] - The company's co-founders are now among the wealthiest individuals globally due to the significant increase in share value [1] - On Thursday, Alphabet shares fell by 1.2% to close at $289.45 [5] Group 2: Starbucks Corporation (SBUX) - Starbucks has entered into a joint venture agreement with Boyu Capital to operate its retail locations in China, with Boyu acquiring up to a 60% stake based on an enterprise value of approximately $4 billion [2] - During the trading session, Starbucks shares declined by 1.3% to close at $82.62 [5] Group 3: Welltower Inc. (WELL) - Welltower Inc., a healthcare REIT, was named as a final trade by a senior managing director, with Morgan Stanley maintaining an Overweight rating and raising the price target from $170 to $200 [3] - Welltower shares rose by 0.4% to settle at $197.58 on Thursday [5]

REIT Sector Performance - The REIT sector experienced a decline of -4.03% in October, resulting in a year-to-date return of -4.69% for the average REIT, significantly underperforming the broader market indices such as NASDAQ (+4.7%), Dow Jones (+2.6%), and S&P 500 (+2.3%) [1] - The Vanguard Real Estate ETF (VNQ) had a less severe decline of -2.45% in October but has outperformed year-to-date with a return of +2.98% [1] - The spread between the 2026 FFO multiples of large cap REITs (16x) and small cap REITs (12.7x) widened, indicating that investors are paying 26% more for each dollar of FFO from large cap REITs compared to small cap REITs [1] Property Type Performance - In October, micro cap REITs led the sector with the smallest average decline of -2.81%, followed by mid caps (-3.11%), large caps (-4.45%), and small caps (-5.05%) [3] - 14 out of 18 property types averaged negative returns in October, with only 22.22% of property types achieving a positive total return [5] - Office properties had the worst performance at -12.74%, while Hotels (+3.82%) and Data Centers (+2.53%) were the best performers [5][6] Year-to-Date Performance - Year-to-date through October 2025, Office properties (-16.87%), Single Family Housing (-14.94%), and Land (-14.91%) have underperformed, while Health Care (+19.74%) has significantly outperformed [7] - The average P/FFO for the REIT sector declined from 14.1x to 13.5x during October, with 22.2% of property types experiencing multiple expansion [8] Individual Securities - Sotherly Hotels (SOHO) saw a significant increase of +165.00% on October 27th due to an acquisition announcement, with shareholders set to receive $2.25/share, a 152.7% premium [10] - Office Properties Income Trust (OPI) faced a dramatic decline of -88.76% ahead of its delisting and subsequently filed for Chapter 11 bankruptcy, with a year-to-date return of -96.15% [11] Dividend Yield - High dividend yields are a key attraction for investors in the REIT sector, with many REITs trading below their NAV, leading to attractive yields despite potential risks [15]

Core Insights - Welltower (WELL) is a real estate investment trust (REIT) valued at $135 billion, focusing on senior housing, healthcare, and outpatient facilities [1][5] - The company operates in major high-growth markets across the United States, Canada, and the U.K. [1] - Welltower's portfolio is divided into three segments: triple-net, senior housing opportunities, and outpatient medical facilities [2] Financial Performance - Welltower's stock has shown strong performance, gaining 45% over the past year and over 50% year-to-date [5] - The stock recently reached an all-time high of $199.11 on November 18 [4] - The stock is currently trading at $199.02, with a 50-day moving average of $177.11 [6] Technical Indicators - Welltower has a Weighted Alpha of +52.67 and a Relative Strength Index (RSI) of 79.53, indicating strong momentum [6] - The stock has maintained a Trend Seeker "Buy" signal since October 17, during which it gained 13.35% [3][6] - Barchart gives Welltower a 100% "Buy" opinion, with multiple analysts providing "Buy" ratings and price targets as high as $246 [5][6]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Welltower (WELL) - Welltower currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for performance [3][4]. - The stock has shown significant price increases, with a 1.88% rise over the past week and a 10.7% increase over the past month, outperforming its industry [6]. - Over the last quarter, Welltower shares have risen 17.87%, and over the past year, they have increased by 42.49%, compared to the S&P 500's gains of 4.5% and 14.56%, respectively [7]. Trading Volume - Welltower's average 20-day trading volume is 3,112,397 shares, which is a useful indicator of market interest and price movement [8]. Earnings Outlook - In the past two months, four earnings estimates for Welltower have been revised upwards, increasing the consensus estimate from $5.10 to $5.17 [10]. - For the next fiscal year, four estimates have also moved higher, with no downward revisions, indicating positive sentiment [10]. Conclusion - Considering the positive price trends, trading volume, and upward earnings revisions, Welltower is positioned as a strong momentum pick with a 2 (Buy) rating and a Momentum Score of B [12].

Core Insights - Welltower's shares have increased by 19.3% over the past three months, significantly outperforming the industry average of 3.5% [2] - The company is benefiting from rising healthcare spending and an aging population, which positively impacts its seniors housing operating (SHO) portfolio [2][6] - Welltower's third-quarter 2025 normalized funds from operations (FFO) per share reached $1.34, exceeding the Zacks Consensus Estimate of $1.30, and reflecting a year-over-year improvement of 20.7% [3] Financial Performance - The total portfolio same-store net operating income (SSNOI) has surged year over year, driven by growth in the SHO portfolio, marking the 12th consecutive quarter of over 20% SSNOI growth [3][6] - Welltower has increased its guidance for 2025 normalized FFO per share, with the Zacks Consensus Estimate revised to $5.17 [4] Strategic Initiatives - The company has executed pro-rata acquisitions totaling $2.52 billion for 95 SHO properties from the beginning of the year through October 27, 2025 [7][8] - Recent acquisitions include a £5.2 billion portfolio of seniors housing real estate in the U.K. and a £1.2 billion acquisition of equity ownership in another U.K. portfolio [9] Market Position and Liquidity - Welltower maintains a healthy balance sheet with $11.9 billion in available liquidity, including $6.9 billion in cash and a fully utilized $5 billion line of credit [10] - The net debt to adjusted EBITDA ratio stands at 2.36X, with debt maturities well-laddered and a weighted average maturity of 5.7 years, enhancing financial flexibility [10]

Core Viewpoint - Welltower Inc. is highlighted as a strong investment opportunity due to its robust financial performance and strategic focus on senior housing, with analysts maintaining positive ratings and price targets [1][4]. Financial Performance - The company reported solid third-quarter results, showing growth in normalized funds from operations per share, which led to an increase in guidance above consensus estimates [2]. - Welltower's concentration of senior housing has increased to 72% of in-place net operating income, up from 59%, indicating a strategic shift towards this segment [3]. Strategic Initiatives - The company is transitioning away from medical office buildings and focusing more on senior housing, which is expected to drive future growth [2][3]. - Analysts expect Welltower's substantial transactional activity, alongside its focus on senior housing, to position the company favorably for future performance [3]. Analyst Ratings - BMO Capital Markets analyst Juan Sanabria reiterated a Buy rating with a price target of $200, reflecting confidence in the company's strategic direction and financial results [1]. - Morgan Stanley analyst Ronald Kamdem also maintained a Buy rating with a price target of $170, citing expectations of strong performance in the senior housing segment and significant investment activities totaling $23 billion [4].

Group 1: Dell Technologies Inc. - Analysts expect Dell to report quarterly earnings of $2.47 per share, an increase from $2.15 per share in the same period last year [1] - Projected quarterly revenue for Dell is $27.26 billion, compared to $24.37 billion a year earlier [1] - Dell shares fell 1.4% to close at $152.41 on Wednesday [6] Group 2: Microsoft Corporation - Microsoft reported first-quarter revenue of $77.7 billion, up 18% year-over-year, exceeding the Street consensus estimate of $75.3 billion [2] - The company reported quarterly earnings per share of $4.13, beating the Street's estimate of $3.67 [2] - Microsoft shares dipped 1.4% to close at $507.16 during the session [6] Group 3: Welltower Inc. - Welltower reported quarterly earnings of $1.34 per share, surpassing the analyst consensus estimate of $1.30 per share [3] - The company reported quarterly sales of $2.686 billion, exceeding the analyst consensus estimate of $2.586 billion [3] - Welltower shares gained 1.1% to close at $186.35 on Wednesday [6] Group 4: iShares US Consumer Discretionary ETF - iShares US Consumer Discretionary ETF was named as a final trade by the chief investment officer of NB Private Wealth [4] - The ETF rose 0.6% during the session [6]

Group 1: Tesla, Inc. (TSLA) - Tesla's shares have outperformed the Zacks Automotive - Domestic industry over the past year, with a gain of 53.9% compared to 46.4% for the industry [3] - The company set a new delivery record in Q3, largely driven by buyers taking advantage of the expiring $7,500 EV tax credit, but Q4 deliveries are expected to decline due to the withdrawal of incentives and increased competition from Chinese EV manufacturers [3][4] - The Energy Generation & Storage unit is performing well, and the Supercharger network continues to expand, although automotive margins are under pressure [4] - Tesla's robotaxi service has expanded to California, Nevada, and Arizona, and the company's focus on AI, autonomous driving, and robotics is promising, but these initiatives may take years to produce significant results [5] Group 2: BlackRock, Inc. (BLK) - BlackRock's shares have outperformed the Zacks Financial - Investment Management industry over the past year, with a gain of 5% compared to a decline of 10.3% for the industry [6] - The company's Q3 2025 results benefited from higher revenues, supported by strategic acquisitions like ElmTree Funds, which aim to enhance its presence in alternative and private equity assets [6][7] - Projected revenue and assets under management (AUM) growth is expected to witness a CAGR of 14% and 14.8%, respectively, by 2027, with a strong focus on the active equity business [7] - However, elevated expenses are projected to rise by 26.4% this year, and reliance on overseas revenues exposes the company to geopolitical risks [7] Group 3: Welltower (WELL) - Welltower's shares have outperformed the Zacks REIT and Equity Trust - Other industry over the past year, with a gain of 40.5% compared to 0.3% for the industry [8] - The company has a well-diversified portfolio of healthcare real estate assets across the U.S., Canada, and the U.K., positioning it well to meet the demand from an aging population and rising healthcare expenditures [8][9] - Q3 2025 results showed a year-over-year increase in total portfolio same-store net operating income (SSNOI), with the outpatient medical segment expected to benefit from favorable trends in outpatient visits [9] - Strategic restructuring initiatives have improved cash flows, but competition in the senior housing market and a substantial debt burden raise concerns [10]

Market Overview - CNBC will host a special report on the state of the retail investor at 3:00 PM Eastern [1] - The report will feature guests from Schwab, Dynasty Financial, and I Capital [1] Investment Opportunities - Dell Computer's gains are expected to be reflected in Super Micro's earnings, with anticipated revenue and earnings growth of 12% to 15% [2] - Microsoft is seen as a buying opportunity due to a 10% slide from its 52-week high [2] - Senior Healthcare Reed Scott is performing well, with expectations for Well Tower to move above $200 [3] - Despite previous concerns, the firm is becoming more constructive on consumer discretionary and plans to add to positions during weakness [3]

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, particularly in the financial sector, to achieve exceptional returns. However, identifying such stocks can be challenging due to inherent volatility and risks associated with growth stocks [1]. Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing a company's real growth prospects beyond traditional metrics. Welltower (WELL) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2]. - Research indicates that stocks with strong growth features consistently outperform the market, especially those with a Growth Score of A or B and a Zacks Rank of 1 (Strong Buy) or 2 (Buy) [3]. Group 2: Earnings Growth - Earnings growth is a critical factor for investors, with double-digit growth being particularly desirable as it signals strong future prospects and potential stock price increases [4]. - Welltower's historical EPS growth rate stands at 8.3%, but projected EPS growth for the current year is significantly higher at 19.1%, far exceeding the industry average of 1.3% [5]. Group 3: Asset Utilization and Sales Growth - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important metric for growth investing. Welltower's S/TA ratio is 0.18, indicating it generates $0.18 in sales for every dollar in assets, outperforming the industry average of 0.13 [6]. - Welltower is also well-positioned for sales growth, with expected sales growth of 28.6% this year compared to the industry average of 0.4% [7]. Group 4: Earnings Estimate Revisions - Trends in earnings estimate revisions are crucial for validating a stock's performance potential. A positive trend in revisions correlates strongly with near-term stock price movements [8]. - Welltower's current-year earnings estimates have been revised upward, with the Zacks Consensus Estimate increasing by 2.5% over the past month [9]. Group 5: Overall Positioning - Welltower has achieved a Zacks Rank of 2 due to favorable earnings estimate revisions and has earned a Growth Score of B based on several key factors discussed. This combination positions Welltower for potential outperformance, making it an attractive option for growth investors [11].