"High-Yield Stock at 52-Week Low: A Smart Investment Opportunity"

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Source: The Motley Fool
"High-Yield Stock at 52-Week Low: A Smart Investment Opportunity"
Photo: The Motley Fool
TL;DR

Despite a 20% decline in share price over the past year, Realty Income, a real estate investment trust (REIT), continues to perform well in terms of its business operations. The underperformance of the stock is largely attributed to rising interest rates, which affect income-focused stocks like REITs. However, Realty Income's business model, which focuses on single-tenant, net-leased properties, remains strong, with steady growth and predictable income. With a dividend yield of 5.6% and a track record of market-beating performance, the author plans to continue buying shares in Realty Income.

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