Why Realty Income Is a Retiree's Dream Stock
A retiree's ideal investment has a few certain characteristics. It needs to generate a steady stream of income, not be too risky, and have long-term growth potential as well.
One stock that meets all of these criteria is Realty Income Corporation (NYSE: O), a real estate investment trust, or REIT, that focuses on net-leased freestanding retail properties. Here's a rundown of why the company is such a great stock for retirees, as well as for investors of all ages.
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Source: Fool.com