Are you a technical investor? If so, it may be time to consider Omega Healthcare Investors Inc (OHI) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for OHI.
This trend may have already begun, as shares of OHI have moved by higher by 7.6% in just the past month. Plus, OHI has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Omega Healthcare has plenty of life left.