Trade Alert – July 21, 2026

SBRA – We bought 100 shares in Sabra Healthcare back on January 27th of this year at $18.64. We liked the 6% dividend yield, and the underlying business of owning the real estate that nursing homes and other health care centers lease from Sabra. On June 8th, we averaged down with a 50-share purchase at $17.98, which brought our dividend yield to 6.5%. While we never thought this would be a tech high-flyer, the consistent yield and well-run business was the appeal.
Today, the company announced 26 properties to be “re-tenanted”. This move would increase their rents by a significant amount. This should lead to more money being returned to shareholders. Just today the stock is up a very technology-like 7% to a new 52-week high. With this move, we are up by about 16.5% over 6 months. While I continue to believe in this as a great company, with nice income stream, this rate of return on this type of stock requires me to say take the profits.
We will sell SBRA today and keep the company on our watchlist.