Realty Income is an investment real estate trust company, with solid prosects.

Realty Income Corporation is a real estate investment trust that invests in freestanding, single-tenant commercial properties in the United States, Puerto Rico, and the United Kingdom. The company is organized in Maryland with its headquarters in San Diego. The company is dividend based and offers an average of 4.4% yield, which is high...the stock also is reasonable and has the potential to head much higher. A unique aspect of this company is its monthly dividend payout, which currently sits at 23c per share, PER MONTH ($2.82 Yearly). Over the course of the year, it's 4.4% ($2.82 Yearly). Another key aspect is the average return of 15.4% (compound) on the stock appreciation itself.

Financials are good. The total market cap is $24.3bn with 2020 revenue at $1.65bn up $160m from 2019. Profit after tax was solid at $396m, up $32m from 2019. The balance sheet is solid too. 2020 Cash on hand was $824m up $770m from 2019! Total assets amount to $20.7bn of which $19.6bn looks to be in property itself. Total liabilities amounted to $9.72bn leaving net positive assets of $11bn. Overall COVID has actually not really affected them at all, yet the stock price doesn't reflect that.

From a technical aspect, the stock is rangebound in the short term with the longer-term outlook positive. The range is between $65 and $57 and a break above $68 would signal further resumption. Initial support sits below at $63 followed by $57 and then $50. To the upside, initial targets would $68 followed by $70 and then $80. MACD is neutral, RSI is high at 67, and the scholastic is overbought, however, this stock is bound the break either up or down soon...with upside more favourable due to the industry this stock sits in and based on the weekly and monthly timeframes.

Overall, this is a solid stock mainly because of the dividend payment of 4.4% a year. It beats any interest rate given in a bank, and the company is in property development and leasing, one of the most solid industries. The stock on a LONG TERM timeframe and been constantly going up, even in the 2008 crisis, unlike developers this stock kept going up slowly, steadily and safely. There are risks of course and the being the possibility of tenants defaulting on payments as debt has risen, meaning outgoings for many has increased. Overall, though, this stock could make a good solid addition to a long term portfolio.