Realty Income Is Down So Far in 2024 -- But Here's Why I'm Buying Shares Now

The monthly dividend REIT has lagged the market and by a significant margin. While there are some legitimate concerns about Realty Income, the business is doing quite well, and it is mostly factors such as interest rates that have put pressure on the stock. Here's a rundown of why Realty Income has underperformed the market and why it could be set for a turnaround. Why has Realty Income underperformed? To be sure, Realty Income isn't alone. REITs in general have been terrible underperformers in 2024. The Va ...