Started my Realty Income (O) position at $48.50 on 3rd October 2023. The Real Estate issues won't get better until late 2024 so there's scope for more downside, I see support at $45.00-$52.00. O Price Targets: - $48.50 (Already bought my shares) - $45.00 - $37.00
I can't tell, so you think its a sell? They did just raise their dividend as well. I think every stock is gonna go through large dips, I think its a buy, and probably only for the long term investor, not even a year from now trades..golden opportunity for when it recovers it's going to recover big
According to the margin of safety and cap rate that I chose it is a sell until it hits the low 40s However with a lower margin of safety it would be a buy. Everyone's situation is different.
I just checked my calculator. Changing the margin of safety to 14% instead of 24% and a cap rate of 3% instead of 4.5% it would trigger it as a buy around $55. The macro economic environment plays a role as well. If the overall market continues to drop I would suspect Realty Income to continue to remain in the $40s. However if things turned around and the inflationary environment went away Realty Income would probably go up.
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Started my Realty Income (O) position at $48.50 on 3rd October 2023.
The Real Estate issues won't get better until late 2024 so there's scope for more downside, I see support at $45.00-$52.00.
O Price Targets:
- $48.50 (Already bought my shares)
- $45.00
- $37.00
May continue to go lower for at least another 3 months.
I can't tell, so you think its a sell? They did just raise their dividend as well. I think every stock is gonna go through large dips, I think its a buy, and probably only for the long term investor, not even a year from now trades..golden opportunity for when it recovers it's going to recover big
According to the margin of safety and cap rate that I chose it is a sell until it hits the low 40s
However with a lower margin of safety it would be a buy. Everyone's situation is different.
I just checked my calculator. Changing the margin of safety to 14% instead of 24% and a cap rate of 3% instead of 4.5% it would trigger it as a buy around $55.
The macro economic environment plays a role as well. If the overall market continues to drop I would suspect Realty Income to continue to remain in the $40s. However if things turned around and the inflationary environment went away Realty Income would probably go up.