CareTrust REIT(CTRE) Soars 6.98% in 3 Days, Hits 2024 High

Caretrust Reit(CTRE)涨0.60%，连涨3天，近3日涨6.98%。The share price rose to its highest level since November 2024 today, with an intraday gain of 1.04%.

The strategy of buying CTRE shares after they reached a recent high and holding for 1 week showed poor performance over the past 5 years. The annualized return was -3.5%, significantly underperforming the market. This indicates that relying solely on recent price peaks and short-term holding periods may not be an effective strategy for CTRE or similar stocks.

CareTrust REIT's stock price has been influenced by several key factors. The company's favorable Growth Score and top Zacks Rank indicate strong growth potential, which can lead to stock price increases. This positive outlook is attractive to investors and contributes to the overall confidence in the stock.

One of the most significant factors driving CareTrust REIT's stock price is its consistent dividend increases. The company has increased its dividends annually for the past 10 years, with the most recent increase announced on March 18, 2025. This consistent dividend growth is a major draw for investors, as it provides a reliable income stream and reflects the company's financial stability and commitment to shareholder returns.