NNN - NNN REIT: A High-Quality REIT To Buy Now On Sale

2024-04-28 07:30:00 ET

Summary

• The only viable way to afford retirement is through building a steady stream of passive income.
• NNN logged modest core FFO per share growth in 2023 and more growth should lie ahead.
• The REIT's BBB+ credit rating from S&P affords it opportunities to access capital on reasonably attractive terms.
• NNN's shares could be priced at a 16% discount to fair value.
• Cumulative total returns through 2026 could be appealing from the current share price.

Hard truths. Some people avoid them. Some people find liberation in them. I tend to fit in the latter group.

One of the tougher truths of life that applies to personal finances is as follows: As long as there is life, bills tend to follow not far behind....

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