Gilman Hill’s Jenny Harrington names Sabra Healthcare as her 2026 top pick

Summary

Jenny Harrington, CEO and portfolio manager at Gilman Hill Asset Management, names Sabra Healthcare as her 2026 top pick. She cites its healthcare real estate exposure, favorable aging demographics, discounted valuation, and high dividend yield. She also cautions that REITs are not automatically high-income vehicles and says income-seeking investors should deliberately seek high-yield REITs. The host questions whether the S&P 500 could offer similar returns, and Harrington argues the answer depends on whether an investor needs consistent income.

• Jenny Harrington names Sabra Healthcare as her 2026 top pick.
• Sabra is a healthcare REIT with skilled nursing, senior housing, and behavioral health exposure.
• She cites a 12x FFO multiple, about a 6.5% yield, and 5% earnings growth.
• Sabra rose 9% last year but returned about 17% including the dividend.
• She warns that REIT yields vary widely and the REIT index yield is only about 3%.
• Income investors should seek high-dividend REITs rather than assume all REITs provide income.
• She says retirees may value consistent dividend income over simply matching S&P total return.