Jim Cramer Notes "It's Been a Good Year for Realty Income"
Realty Income Corporation (NYSE:
) is one of the stocks on which Jim Cramer expressed his thoughts . Cramer was bullish on the stock during the episode, as he stated:Even at this crazy moment, it’s been a good year for Realty Income, letter O, the real estate investment trust that mostly owns retail properties… It’s been diversifying itself lately. The stock is up 15% year-to- date with a nearly 5% dividend yield. Now, some of that’s because Realty Income has made a push into industrial, gaming, and data center properties while also moving into Mexico.
When they reported their most recent quarter a couple of weeks ago, the results were in line with expectations. But the full-year forecast with average funds came in just a tad light. Still, the market seemed to like what Realty Income is building here. I don’t blame them, even if it might take time for some of these investments to pay off. I like what I see.… It’s a very exciting situation. I just like [that it] gives you, the safe monthly dividend go up over time, but now you get very good outperformance and get that safe monthly dividend.
Realty Income Corporation (NYSE:O) provides real estate capital to major companies and manages a large portfolio of commercial properties. The company also provides consistent monthly dividends and has a long history of increasing these payments.
While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PLTR - The Coming Generational Buying Opportunity
ADBE, Second BEAR-Fractal, SHORT-Momentum DOOMSDAY Incoming!
INTEL TO THE MOON
IREN: When a Bitcoin miner switches to AI cloud
