Realty Income: The Bad News Isn't as Bad as It Seems. 3 Things Investors Should Know.
Realty Income(O) The Motley Fool·2024-09-08 18:05
Investors worry that Realty Income has some troubled tenants, but it's not as big a deal as it may appear. An increasing number of retailers have fallen on hard times in some way. The list includes Rite Aid, Red Lobster, Walgreens (WBA 0.34%), Dollar Tree (DLTR -2.88%), At Home, and Big Lots (BIG 9.12%). For landlords, the problems here -- from outright bankruptcies to plans to close underperforming stores -- mean lost rent. Realty Income (O 0.11%) is no different from any other landlord in this regard. But ...