Jim Cramer Called Simon Property a “Fabulous” Company
Group 1 - Simon Property Group, Inc. (NYSE:SPG) is recognized as a strong investment option, particularly in light of potential interest rate cuts, with Jim Cramer highlighting its appeal alongside Realty Income [1][2] - The company operates as a real estate investment trust (REIT) that owns, develops, and manages various destinations including shopping, dining, and entertainment [2] - Simon Property Group currently offers a dividend yield of 5.7%, and its stock has appreciated nearly 23% since Cramer's positive remarks [2]