VICI Properties Has Emerged From the Pandemic Stronger than Ever

When you think of the companies that performed well during the COVID-19 pandemic, you're probably thinking of technology and stay-at-home stocks like Zoom Video Communications or Peloton Interactive. Resort and gaming properties probably wouldn't top your list -- images of empty casinos and the deserted sidewalks of the Las Vegas Strip probably come to mind. 

So you may be surprised to hear that gaming and resort real estate investment trust VICI Properties (NYSE: VICI) not only survived during 2020, it continued to generate attractive growth. Now it's positioned itself through strategic acquisitions to keep its growth engine moving forward. With an attractive dividend and reasonable valuation, VICI could be a worthy addition to your portfolio.

Image source: Getty Images.

Continue reading

Source Fool.com