3 Top Stocks to Buy if There Is a Market Pull-back
As the market pulls back in fits and starts, a normal pattern in a bear market, investors should have a wish list of companies that they want to buy at lower prices. Three good dividend names to include on that list today are real estate investment trust (REIT) giant Realty Income (NYSE: O), integrated energy powerhouse TotalEnergies (NYSE: TTE), and U.S. utility Dominion Energy (NYSE: D). Here's a quick look at why each is worth looking at right now.
REIT Realty Income owns net-lease properties, which means the occupants of its single-tenant buildings are responsible for most of the operating costs of the assets they occupy. Although the risk is high at any individual property given that there is only one tenant, when spread across a large enough portfolio the risk is very low. Realty Income has a massive portfolio of over 11,000 properties.
Most of its tenants hail from the retail sector (about 80% of rents), but it also has exposure to industrial and "other" (vineyards, for example) properties (the remainder of the rent roll). Also, about 10% of its revenue comes from Europe, providing some geographic diversification. The REIT is easily one of the largest names in the net lease niche.
Source Fool.com
