Realty Income, One of Cramer’s Favorites, Issues $800 Million Notes

Core Insights - Realty Income Corporation (NYSE:O) is highlighted as a recession-proof stock pick by Jim Cramer, who favors it over Gladstone Land [1][3] - The company announced an $800 million notes issuance, which includes 3.950% Notes due 2029 and 4.500% Notes due 2033 [2] Financial Performance - For Q2 2025, Realty Income reported revenue of $1.41 billion, reflecting a 5.3% increase year-over-year, surpassing consensus estimates by 1.04% [2] - The earnings per share (EPS) for the same quarter was $1.05, which fell short of estimates by -0.94% [2] Market Position - Realty Income is recognized as a major player in the REITs market, supported by 27 hedge funds indicating confidence in its income-generating potential [3] - The company has a diversified portfolio of over 15,000 single-tenant commercial properties under long-term net lease agreements [4]