Getty Realty: Limited Downside And Room To Grow

Core Insights - Getty Realty (NYSE: GTY) has outperformed the real estate market despite high-interest rates, indicating strong resilience and performance [1] - The company primarily leases convenience stores, car washes, and auto service centers, showcasing a diversified portfolio within the real estate investment trust (REIT) sector [1] Company Overview - Getty Realty is an American REIT that focuses on leasing properties related to essential services, which may provide stability in revenue generation [1] - The company manages a significant number of properties, contributing to its robust operational performance [1] Market Context - The real estate market is currently facing challenges due to elevated interest rates, which typically pressure property values and investment returns [1] - Despite these market conditions, Getty Realty has managed to perform better than its peers, highlighting its competitive advantage [1]