Better Buy: Realty Income vs. STORE Capital
A lot has changed in the real estate investment trust (REIT) space since positive coronavirus vaccine news led to a big sector rally. One notable change has been in the relative appeal of net-lease players Realty Income (NYSE: O) and STORE Capital (NYSE: STOR) -- and a new pick for the better buy of the two.
The honest truth is that not much has actually changed in the world at this point. Yes, the announcement that Pfizer and partner BioNTech have had material success with their vaccine trials is great to hear. The fact that this news was buttressed by an equally compelling update from Moderna is even more exciting. But the truth is that a vaccine still needs to be approved, mass produced, and widely distributed before it's going to have a material impact. That's likely months, if not quarters, away. In the meantime, the world is dealing with a flare-up of COVID-19 cases.
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Source Fool.com