Realty Income (O) Up 8.4% in a Month: Should You Take the Bait?
ORealty Income(O) ZACKS·2024-07-24 01:36

Realty Income (O) , a leader in the net lease sector with more than 15,450 commercial real estate properties, recently experienced a significant upturn in its stock price, gaining 8.4% over the past month. It outperformed the Zacks REIT and Equity Trust - Retail industry’s growth of 7.8% and the S&P 500 composite’s rise of 1.8% over the same time frame. For this “Monthly Dividend Company” and a member of the S&P 500 Dividend Aristocrats index, the favorable narratives surrounding the interest rate cut have ...