Vornado Stock Gains 6.7% in a Month: Will the Trend Last?

Shares of Vornado Realty Trust (VNO) have gained 6.7% in a month, outperforming the industry’s growth of 3.4%.This office real estate investment trust (REIT) owns a concentration of high-quality office properties strategically located in markets of New York, Chicago and San Francisco. It is poised to benefit from tenants’ healthy demand for premier office spaces with class-apart amenities. A healthy balance sheet position supports its growth endeavors.Analysts seem positive about this Zacks Rank #3 (Hold) c ...