Realty Income: 8 Year Return Drought
ORealty Income(O) Seeking Alpha·2024-06-28 06:00

JamesBrey While we were not raging bulls with regard to Realty Income Corporation (NYSE:O) back in March, we did think that it made for a better buy than NNN REIT Inc (NNN) at the time. David had outperformed Goliath over the last three years, but the odds were in the O's favor for the next round. Both the businesses were projected to grow FFO through 2026, but O was in the lead in terms of pace. That it was trading at a lower FFO multiple and yielding slightly higher made choosing it a no-brainer. Both Rea ...