Realty Income Corporation (NYSE:O) was among the stocks Jim Cramer discussed in this changing market. Toward the end of the lightning round, when a caller inquired about the stock, Cramer remarked:
I like that idea. You got a nice dividend. I think it’s going to go higher. That’s a terrific situation, and you got horse sense.
Stock market data. Photo by Photo by Alesia Kozik
Realty Income Corporation (NYSE:O) provides real estate capital to major companies and manages a large portfolio of commercial properties. The company also offers consistent monthly dividends and has a long history of increasing these payments. Cramer showed a bullish sentiment toward the stock during the March 9 episode, as he commented:
Even at this crazy moment, it’s been a good year for Realty Income, letter O, the real estate investment trust that mostly owns retail properties… It’s been diversifying itself lately. The stock is up 15% year-to- date with a nearly 5% dividend yield. Now, some of that’s because Realty Income has made a push into industrial, gaming, and data center properties while also moving into Mexico.
When they reported their most recent quarter a couple of weeks ago, the results were in line with expectations. But the full-year forecast with average funds came in just a tad light. Still, the market seemed to like what Realty Income is building here. I don’t blame them, even if it might take time for some of these investments to pay off. I like what I see.… It’s a very exciting situation. I just like [that it] gives you, the safe monthly dividend go up over time, but now you get very good outperformance and get that safe monthly dividend.
While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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