Here's Why You Should Retain Realty Income in Your Portfolio Now
ORealty Income(O) ZACKS·2024-09-07 01:15

Realty Income (O) is well-poised to benefit from its focus on leasing to service, non-discretionary and low-price-based retailers. Also, accretive buyouts, backed by a healthy balance sheet position, bode well for growth. However, substantial exposure to single-tenant assets raises risks associated with tenant default. Rising e-commerce adoption and high interest rates add to its concerns.Last August, this retail real estate investment trust (REIT) reported its second-quarter 2024 adjusted funds from operat ...