Medical Properties Trust's Turnaround Is Here - Initiate Cautious Buy

robynmac We previously covered Medical Properties Trust, Inc. (NYSE:MPW) in March 2024, discussing why we had maintained our Hold rating then, despite the stock's recent recovery from the January 2024 bottom and the excellent profitability of the REIT's core portfolios. Since then, MPW has already recovered by +17.8% with a total return of +24.9%, far outperfoming the wider market at +4.1% - implying the stock's growing bullish support. With FQ1 '24 bringing forth a decent balance sheet as the management al ...