Introduction
Many articles in Seeking Alpha mentioned that Brookdale Senior Living Inc. (BKD) ("Brookdale") is undervalued by the market. I believe that the most remarkable ones include "Brookdale Senior Living Is Grossly Undervalued, Especially When Considering Real-Estate Value" and Brookdale Senior Living Should Be On Your Radar.
In addition, several activist funds sent letters to the Board of Directors claiming (for example) that their valuation of the share was as of $25, whereas the market price is just $15.46. This week, the market learnt that the company has started discussion with Blackstone (NYSE:BX) and others parties to sell the business. I believe that this is the right time to buy this stock. I will explain in this article why.
