Vornado Stock Rises 81% in Six Months: Will the Trend Last?
Vornado(VNO) ZACKS·2024-11-26 01:25
Shares of Vornado Realty Trust (VNO) have gained 81% in the past six months, outperforming its industry’s growth of 17.3%.This office real estate investment trust (REIT) company owns a concentration of high-quality office properties strategically located in markets of New York, Chicago and San Francisco. It is poised to benefit from tenants’ healthy demand for premier office spaces with class-apart amenities. A healthy balance sheet position supports this Zacks Rank #3 (Hold) company’s growth endeavors.This ...