![]() ![]() They carry risks as borrowing costs rise and financing growth becomes more expensive. One of the reasons that REITs have been the worst performing sector now in the last year, by a fairly wide margin, and even over the last three years, is due to higher interest rates. I believe that shares of O are cheap, even at the current levels and despite the headwinds for REITs. The Current Environment For O And REITs Overall We recommended selling puts at the time and it served as another extension of that playing out while we simultaneously remain long the position. ![]() We wrote to our subscribers back on March 23 and highlighted how there is "more than one way to produce 'income'" when we were recapping our previous options trades. ![]() Still, we can take a quick look at the latest outlook for Realty Income and the valuation of this REIT. Therefore, I don't generally have anything to add specifically that hasn't been written about ad nauseam. For the most part, it's a highly popular stock that gets covered by many different analysts and sources. It has been a little while since we've given Realty Income ( NYSE: O) a deeper look. This was included in our options expiration recap article over the weekend, originally posted for members of Cash Builder Opportunities. ![]()
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