Agree Realty: The Multiple Expansion Has Not Made The Case Unattractive
ADCAgree Realty(ADC) Seeking Alpha·2024-09-16 11:26
jonyaMy previous and first article on Agree Realty (NYSE:ADC) was issued this Summer with a title of "Agree Realty: Great Way To Diversify From Realty Income". As the title implies, in my opinion, ADC offered a great alternative to Realty Income (O) or at least a decent optionality for investors to invest in defensive yield-generating asset in a sector, which is underpinned by stable and sound business dynamics. In the article, I did not recommend to dump Realty Income and shift the proceeds to ADC. Ins ...