Steady Income In Uncertain Times: Why Realty Income Is A Buy

Group 1 - Realty Income Corporation (NYSE: O) was assessed in October 2024, with a buy recommendation at $63.42 and a DCF-implied price of$74.8 per share in the base-case scenario [1] - A conservative target price of $52.7 was established, reflecting assumptions of slower growth and higher financing costs [1] Group 2 - The investment principles emphasize investing in companies with consistent earning power and durable competitive advantages [2] - Preference is given to companies that generate substantial cash flow and consistently earn above-average returns on capital [2] - Companies with conservative leverage and an appropriate level of cash to capitalize on market volatility are favored [2]