Realty Income: Acquisition Of Spirit Realty Boosts Growth Prospects

In our last assessment of Realty Income Corporation (NYSE: O ) in September 2023, we conducted a DCF (Discounted Cash Flow) analysis and recommended buying at $54.1, considering the DCF-implied price of $71.5 per share in our base-case scenario. We write about companies trading at attractive valuations with strong durable competitive advantages. Investment Principles- Invest in companies with consistent earning power and durable competitive advantages.- Invest in companies where we can get a sufficient marg ...