Want to invest in healthcare in 2020? I’d buy these FTSE 250 stocks today

first_img Enter Your Email Address Want to invest in healthcare in 2020? I’d buy these FTSE 250 stocks today Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroft Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! You might have noticed that healthcare is quite a big issue in 2020. But while the Covid-19 crisis is pummelling so many shares in the stock market crash, how can you profit from the sector? Here are two FTSE 250 stocks that I think could reward you well in the coming decades. They approach the healthcare business in two different ways, ways that I see as complementary.The first is Mediclinic International (LSE: MDC), which released a first-half update Thursday, ahead of full results due on 12 November. The private hospital group, which has operations in South Africa, Namibia, Switzerland and the United Arab Emirates, spoke of a “robust first-half operating performance“, despite the Covid-19 impact.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Chief executive Dr Ronnie van der Merwe said “We have seen a good rebound in trading since May 2020, particularly in Switzerland and the United Arab Emirates, as the initial peak of the pandemic passed“.Tough first halfMediclinic has certainly had a tough year so far, along with so many in the FTSE 250. Reported total revenue is down 7%. Earnings per share, which came in at 9.9p for the first half last year, is set to come in just “marginally positive” this time. Mediclinic says it had £450m in cash and available facilities at 30 September, and that’s something I’d inspect carefully when we get the full-year results. The balance sheet is what matters most for companies under pandemic pressure this year.Mediclini, which owns 29.9% of Spire Healthcare, has been through a bad patch with falling earnings over the past couple of years. But after the big fall forecast for the current year, analysts are predicting a serious rebound for the 2021–22 year. That would put the shares on a forward price-to-earnings multiple of 12. I think Mediclinic has long-term growth potential, and I’d buy.FTSE 250 REITMy second pick provides a very different aspect to healthcare investment. It’s one I’ve liked for some time, Primary Health Properties (LSE: PHP). Primary Health is a FTSE 250 real estate investment trust (REIT). It invests in healthcare properties, primarily GP surgeries, and lets them on long-term leases.Earnings progress has been slow in recent years, but analysts see 20% growth this year with a modest extra next year. The Primary Health Properties share price is down 9% so far in 2020. But over the past two years we’re looking at a 30% gain.DividendsOn top of that growth, Primary Health has been one of the FTSE 250’s steadiest dividend providers. And that’s where an investment trust has an advantage. A lot of companies will pay a fixed proportion of earnings as dividends each year. But trusts will typically hold some back in good years to even things out in poorer years. Of course, individual investors can do that themselves with the dividend cash they earn. But a less erratic dividend stream can help keep sentiment sweeter and reduce share price volatility.I’ve long been a fan of investment trusts, REITs or otherwise. And if you’re investing for FTSE 250 income, I’d suggest you consider Primary Health Properties for your buy list.center_img Alan Oscroft | Thursday, 15th October, 2020 | More on: MDC PHP I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Primary Health Properties. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.last_img read more

Redfin Mortgages Expanding to Illinois

first_imgSign up for DS News Daily Related Articles The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago adjustable fixed rate Illinois Jason Bateman Redfin Redfin Mortgage 2017-10-22 Dean Terrell Redfin Mortgage recently announced it will be offering loans to homebuyers in Illinois. Originally launched in January this year, Redfin Mortgage initially began in Texas and continues to expand; it plans to serve clients in Virginia by the end of the year as well as others in 2018. Redfin primarily serves homebuyers who choose Redfin real estate agents.Redfin currently offers 30-year and 15-year fixed rate and adjustable mortgages, as well as underwritten preapprovals. To guarantee a borrower an approved loan, Redfin reviews and verifies all borrower information in advance. The borrower’s credit and employment status must not significantly change after the pre-approval and the home shall not be appraised lower than the proposed sale price. The borrower must also provide proof of acceptable title commitment and homeowner’s insurance.“In the current competitive real estate market, a fully underwritten pre-approval gives the homebuyer an edge by earning the seller’s confidence that the loan will be approved quickly and the sale will close on time,” said Jason Bateman, head of Redfin Mortgage. “In a bidding war, a buyer with a fully underwritten pre-approval can consider waiving the financing contingency to make their offer nearly as appealing to a seller as an all-cash offer” according to Bateman.  Redfin Mortgage integrates an affiliated lending operation with its own existing brokerage and title businesses to work towards the goal of an entirely digital process. This process is meant to cover all steps from applying for the loan to closing. Redfin hopes to be the fastest and most transparent way for homebuyers to receive a quote, get pre-approved, and submit an offer to buy a home. According to the release, Redfin real estate agents have no incentive to offer Redfin loans over others and will continue to encourage consumers to work with lenders that offer the best service and rates.To see the full release from Redfin click here.  About Author: Dean Terrell Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: CFPB Outlines Protecting Consumer-shared Data Next: Ellie Mae Releases New Update to Mortgage Management Solution Tagged with: adjustable fixed rate Illinois Jason Bateman Redfin Redfin Mortgage  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago October 22, 2017 1,413 Views Home / Featured / Redfin Mortgages Expanding to Illinois in Featured, Headlines Redfin Mortgages Expanding to Illinois Subscribelast_img read more

Coronavirus live updates: Georgia school district says 100 students, staff test positive

first_imgbeerkoff/iStockBY: WILLIAM MANSELL AND ELLA TORRES, ABC NEWS(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 721,000 people worldwide.More than 19.3 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some national governments are hiding or downplaying the scope of their outbreaks.The United States is the worst-affected country around the world, with more than 4.9 million diagnosed cases and at least 161,358 deaths.Here’s how the news is developing today. All times Eastern. Please refresh this page for updates.10:49 a.m.: Hospitalizations and deaths continue to increase in FloridaThe Florida Department of Health reported increases in both hospitalizations and deaths Saturday.Hospitalizations were up by 521 in the last 24 hours, with 6,991 active hospitalizations, while deaths rose by 182, putting the total number at 8,233, according to the department.Cases also increased by 8,502 and 86,175 tests have been conducted. The state has now seen 526,577 confirmed cases of coronavirus.Bay County, of which Panama City is the county seat, has the highest positivity rate in the state at 16.3%.However, Miami-Dade County, the most populous county in the state, has the highest number of new cases at 1,801.8:54 a.m.: Princeton shifts learning plan for fall semesterPrinceton University will not bring freshman and juniors back to campus in the fall, as originally planned, due to coronavirus cases that have “soared” in recent weeks, according to a statement from the president of the university.Courses will now be fully remote for undergraduates in the fall semester, president Christopher L. Eisgruber said. Graduate students will be allowed on campus because of the “different instructional and residential programs.”“This combination of health concerns and restrictions will significantly diminish the educational value of the on‑campus experience. It will also render that experience confining and unpleasant for most students,” Eisgruber said.He also noted that students from 34 states would have to quarantine upon arrival in New Jersey for 14 days and that the phased opening for the state has been paused over fear of rising cases.“New Jersey’s careful approach has helped to keep the pandemic in check, but public health principles and state guidance still limit very substantially what we can do on campus,” Eisgruber said.The president said that the university will accommodate students who aren’t able to return home or study from home, as well as a limited number of students with previously approved exceptions, which recognized their need to be on campus for their senior thesis research or other work essential to their degree programs.Eisgruber said that while he knows the news is “disheartening and disappointing,” the university is doing its best to prepare to welcome students back in the spring.New Jersey was among the states hit hardest in the early stages of the pandemic, but has since seen some of the lowest daily infection rates. Gov. Phil Murphy has warned of late about rising numbers.5:57 a.m.: Georgia school district reports 100 COVID-19 cases among students, staffAs the debate about reopening schools continues across the country, many children are already back in classrooms or are about to start. One state that has grabbed headlines this week is Georgia, where photos of crowded hallways showing students without masks went viral.Now, one of the largest school districts in the Peach State is reporting that 100 of its students and staff are suspected of having tested positive for COVID-19, even before in-person classes have started. Those figures were provided to the district by the Georgia Department of Health.Cobb County Schools Superintendent Chris Ragsdale said the district would remain virtual “until public health data in Cobb County changes and guidance from state and local public health officials recommends it,” according to ABC News Atlanta affiliate WSB. The district, which has about 113,000 students, starts remote learning on Aug. 17.Georgia exceeded 200,000 COVID-19 cases on Aug. 5, according to an internal Federal Emergency Management Agency memo obtained by ABC News. It took four months for the state to reach 100,000 cases and just four weeks to reach 200,000.Cobb County, according to the Georgia Department of Health, has more than 13,000 confirmed coronavirus cases, with 1,363 current hospitalizations. The county has at least 317 COVID-19 deaths, the second most in the state, trailing only Fulton County’s 420 deaths.The state has more than 209,000 confirmed cases, with at least 4,117 deaths, according to Johns Hopkins.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

6 dead in Georgia after passenger van crashes, bursts into flames

first_imgGwinettt County Police(ATLANTA) — Six people are dead after an accident caused a van to catch fire on a Georgia highway.The Gwinnett County police and fire departments were dispatched to northbound Interstate 85 where it splits to Interstate 985 on Saturday just after 6:30 p.m. in response to reports of a vehicle that was on its side and engulfed in flames, authorities said.Passersby tried to pull people out of the burning van and render aid, police said. Several lanes of both highways were shut down as a result of the crash.Six people died at the scene, and several others were transported to local hospitals in the Atlanta area, police said. All occupants of the passenger van appear to be adults.One bystander who suffered a minor injury declined transport to the hospital.Another car may have been either directly or indirectly involved in the incident, investigators believe, based on witness statements.Police are still trying to determine what caused the crash.ABC News’ Ben Stein contributed to this report.Copyright © 2021, ABC Audio. All rights reserved.last_img read more