2 Reasons to Buy This 5%-Yielding REIT Hand Over Fist Right Now
Over the last couple of years, investors have been able to generate incredible profits from high growth opportunities such as artificial intelligence (AI) or the weight loss medications taking over the pharmaceutical sector. However, investing in growth stocks is a doubled-edged sword because they can fall precipitously during volatile economic periods.
On the other hand, one stock that has been a consistent winner for long-run investors is Realty Income (NYSE: O). Although the blue chip real estate investment trust (REIT) may not be as alluring as a breakthrough opportunity in technology or healthcare, I see two reasons for investors to buy this stock hand over fist right now.
Let's dig into why Realty Income stock could be headed for liftoff, and why now looks like a lucrative opportunity to scoop up shares.
Source Fool.com