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Realty Income: Top Value For Income Investors
ORealty Income(O) Seeking Alpha·2024-08-27 11:07

jaturonoofer Shares of Realty Income (NYSE: O) started to surge in July and have now crossed above $60 for the first time since July 2024. Realty Income delivered robust second ofiscal quarter cearlings at the beginning of the month that showed strong AFFO and same-store rental growth results, especially in the industrial portion of the REIT's business. The Federal Reserve also appears to be on the cusp of finally lowering the federal fund rate, which could lure more investors in rate-sensitive sectors such ...