WPC - NNN REIT: Buy While The Market Is Asleep
2024-03-23 09:30:00 ET
Summary
- NNN REIT is a solid dividend stock with a long track record of shareholder returns and a diversified portfolio of necessity-based retail properties.
- The market may be underappreciating the potential for lower interest rates down the road and that benefit to NNN REIT.
- NNN has a strong balance sheet, investment grade credit rating, and attractive dividend yield, making it appealing for income investors seeking stability.
Now's a great time to be an income investor, especially considering that most of the market is now focused on chasing speculative growth. Adding to that is the practice of index investing, which perpetuates the high valuations of companies like Tesla ( TSLA ) and Nvidia ( NVDA ) due to their mega-market caps and outsized influence over the S&P 500 ( SPY ) compared to most other companies....
NNN REIT: Buy While The Market Is Asleep