Realty Income (O) Up 8.4% in a Month: Should You Take the Bait?

For this "Monthly Dividend Company" and a member of the S&P 500 Dividend Aristocrats index, the favorable narratives surrounding the interest rate cut have played a catalyst. Technical indicators also suggest continued strong performance for Realty Income. The stock is trading above its 50-day and 200-day moving averages, signaling a bullish trend. This technical strength indicates positive market perception and confidence in Realty Income's financial health and prospects. What's Driving Realty Income? Per ...