E Daily Stock Pick: The GEO Group

This week, I'm looking for a second stalwart healthcare sector representative for my new Ivy portfolio. 

That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us. Healthcare industries are: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies.

Today I'm reviewing a mid-cap healthcare facilities real estate investment trust, The GEO Group Inc. Its trading ticker symbol is GEO.

The GEO Group Inc is a healthcare facility real estate investment trust. It is engaged in ownership, leasing and management of correctional, detention and re-entry facilities, and the provision of community based services.

It is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 136 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.

The GEO Group Inc was founded in 1984 as the Wackenhut Corrections Corporation a division of The Wackenhut Corp. As the company acquired additional facilities to own and manage throughout the world, the company name was changed to The GEO Group Inc in 2003 and began operating as a REIT  in 2013. Since 2003 the company has held ben distinguished as a Florid Trend Magazine top 250 public company.

I use three key data points to gauge the value of any dividend equity or fund like he GEO Group Inc (GEO): 

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