Scottsdale-based healthcare REIT Healthcare Trust of America again was the focus of Jim Cramer’s commentary in a segment that aired on CNBC on June 21.
Shares of all publicly traded REIT shares have been under pressure since interest rates started to increase following commentary from the Federal Reserve.
However, the Mad Money host singled out HTA as one of 5 potential “Bounce Back Stocks” for long term value given the company’s focus on medical office real estate and the current tailwinds for in healthcare real estate.
A link to the segment can be found at cnbc.com/id/100835168 and on HTA’s website, htareit.com.
