WELLTOWER INC (NYSE:WELL) – A Strong Contender for Growth and Momentum Investors

WELLTOWER INC (NYSE:WELL) has emerged as a compelling candidate for investors following the Minervini Trend Template while also meeting high-growth momentum criteria. The stock exhibits strong technical trends and solid fundamental growth, making it an interesting opportunity for growth-focused investors.

Why WELL Fits the Minervini Trend Template

Mark Minervini’s strategy emphasizes stocks in strong uptrends with improving fundamentals. WELL checks several key technical boxes:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($151.78), 150-day ($144.65), and 200-day ($141.61) moving averages, confirming a bullish trend.
• Rising Moving Averages: Both the 150-day and 200-day moving averages are trending upward, reinforcing long-term strength.
• Strong Relative Strength: With a ChartMill Relative Strength score of 82.85, WELL outperforms 82% of stocks, indicating strong momentum.
• Near 52-Week High: The stock is trading within 0.6% of its 52-week high ($158.55), a positive sign for continued upward movement.

High Growth Momentum Fundamentals

Beyond technical strength, WELL demonstrates robust growth metrics:

• Earnings Growth: EPS growth over the past year (TTM) surged by 114.8%, with quarterly growth (Q2Q) up 81.8%.
• Revenue Expansion: Revenue grew 23.3% year-over-year (TTM), with recent quarterly sales up 30.3%.
• Profit Margin Improvement: The latest quarterly profit margin stands at 10.65%, up from 5.33% in the prior quarter.
• Free Cash Flow Growth: FCF per share increased by 77.4% over the past year, supporting financial health.

Technical Outlook

According to ChartMill’s technical report, WELL scores a perfect 10 out of 10, reflecting strong bullish momentum. The stock is consolidating near resistance at $157.64-$158.08, with support around $149.92-$156.86. A breakout above resistance could signal further upside.

For more details, review the full technical analysis report.

Our High Growth Momentum + Trend Template screener lists more stocks with similar characteristics, updated daily.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.