Medical Properties Trust: Dead Money At Best, Better To Avoid

DNY59 High-conviction Medical Properties Trust, Inc. (NYSE:MPW) investors have failed to lift MPW from its doldrums over the past two months since I downgraded the stock to a Hold. The caution is justified, as I reckoned the challenges that hampered MPW's bullish thesis was more than just a hawkish Fed. I indicated that the market was likely expecting "further financial pressure on MPW's AFFO per share," even as MPW fell to the "A+" valuation zone. However, its "F" momentum grade suggests dip buyers were no ...