Realty Income: The Bullish Case Remains Strong
Realty Income(O) Seeking Alpha·2024-09-04 01:34
Zolak/iStock via Getty Images Introduction I am happy to share that my 'Strong buy' thesis for Realty Income's (NYSE:O) stock as of June 2024 is doing well. The REIT delivered an 18% return to investors since my last thesis, looking really good against +3.3% from the S&P 500. My fundamental analysis update suggests that Realty Income continues to keep investors happy with its consistent dividend payouts, and I believe that the REIT is poised to thrive further. The valuation is still very attractive, and I s ...