Realty Income Stock: Buy, Sell, or Hold?

One can forgive investors for wondering what to make of Realty Income (NYSE: O) stock. The company owns nearly 15,500 single-tenant properties in the U.S. and seven European countries. At an occupancy rate of nearly 99%, its business model remains solid.

Despite that benefit, its stock never recovered from its high in early 2020 amid a pandemic and rising interest rates. After over four years of decline and stagnation, should investors buy back into the real estate investment trust (REIT), continue to hold, or stay away altogether?

Admittedly, the case for holding the stock is by far the easiest to argue. In addition to the aforementioned occupancy rate, its holdings are single-tenant, net-leased properties. This means the tenant pays the maintenance, taxes, and insurance costs, easing the burden on Realty Income.

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Source Fool.com