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Realty Income Stock Has Crashed: Time to Buy, Sell, or Hold?

TheMotleyFool

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Realty Income Stock Has Crashed: Time to Buy, Sell, or Hold?: https://g.foolcdn.com/editorial/images/748101/youtube-thumbnails-12.png

Realty Income (NYSE: O) for years has been the gold standard when it comes to REITs. The company has generated consistent results based on its in-demand property portfolio, evidenced by a 99% occupancy rate. The REIT also leases its properties out to nearly 50% investment grade tenants. The REIT is trading below its pandemic lows in terms of valuation, but is the REIT a buy now?

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*Stock prices used were end-of-day prices of Sept. 15, 2023. The video was published on Sept. 18, 2023.

Source Fool.com

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