It's Not Exciting

Agree Realty (ADC) is a net lease REIT that continues to have steady quarters. This kind of consistency is exactly what you would expect from a disciplined company with tenants such as Lowe’s (LOW), Walmart (WMT), Home Depot (HD), and many other recognizable names. Results this quarter came in a bit ahead of expectations, and guidance was nudged higher - again. Having a strong quarter isn’t unusual for ADC, but it reinforces their long-term consistency for investors. A quote from Joey Agree, CEO of Agree Re ...