I am not a big fan of Realty Income Corporation.
Realty Income, Tesla, and Opendoor are trading lower in 2024, but brighter days could be ahead. Realty Income will fare better when interest rates fall, making it easier to finance further expansion.
Realty Income is a real estate investment trust (REIT) in the retail space. The company leases property to cost-conscious retailers like Walmart.
Realty Income is a diversified real estate investment trust which has a high occupancy rate of nearly 99%. TC Energy is a pipeline giant with a mammoth 7.2% dividend yield.