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Realty Income: Set For A New Upleg
ORealty Income(O) seekingalpha.com·2024-05-20 03:43

PM Images Realty Income's (NYSE:O) shares have shown little volatility since February, but shares could be set for a breakout as lower Federal Fund rates benefit those REITs that rely on large-scale acquisitions to drive their cash flow growth. Realty Income is a well-run REIT that has recently done some major transactions outside its core operational theater of 'retail' which is boosting the company's adjusted FFO and dividend potential. With lower Federal Fund rates on the horizon, large debt-financed acq ...