For those income-oriented investors looking for stability, a REIT’s credit rating is a good place to start.
Strong, scrappy companies like that are survivors, not just because they’re “that good” or “that fortunate,” but because they know how to take care of themselves with whatever comes their way.
When I created the DAVOS REITs index, it was in direct response to another acronym collection of technology-heavy stocks: FAANG, popularized by financial television pundit Jim Cramer, consisting of Facebook, Amazon, Apple, Netflix, and Google.
The fact that Realty Income hiked up its offering right now isn’t a surprise for anyone who knows the REIT.
So, with so much focus on quality sources of income, I thought I would provide you with a perfect stocking stuffer gift in the form of a highly predictable net lease REIT known as W.P. Carey.