Here's Why You Should Retain Realty Income in Your Portfolio Now

Realty Income (O) is well-poised to benefit from its focus on leasing to service, non-discretionary and lowprice-based retailers. Also, accretive buyouts, backed by a healthy balance sheet position, bode well for growth. However, substantial exposure to single-tenant assets raises risks associated with tenant default. Rising ecommerce adoption and high interest rates add to its concerns. Last August, this retail real estate investment trust (REIT) reported its second-quarter 2024 adjusted funds from operati ...