Realty Income Is a Disaster. Is the REIT a Buy, Sell, or Hold?

Realty Income (NYSE: O) is the gold standard when it comes to REITs. Well known for its monthly dividend, the company calls itself "The Monthly dividend Company." With the REIT down 20% year to date, is it a buy or is more downside pressure coming? The REIT recently acquired Spirit Realty (NYSE: SRC) in a $9.3 billion all-stock deal, resulting in a 9% sell-off after the announcement.

Check out this video to learn more, subscribe to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of Nov. 2, 2023. The video was published on Nov. 3, 2023.

Continue reading


Source Fool.com