Realty Income: An Overpriced SWAN Stock

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About: Realty Income Corporation (O)
by: Mark Roussin
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Summary

Realty Income is one of the great SWAN stocks of our time, but at current levels, it does not look enticing.

The stock is trading with a yield of 3.79%, which is the lowest level since 2016.

Though Realty Income is the clear leader in the space, and a top holding of ours, we prefer others in the space.

It sounds like an oxymoron, "An Overpriced SWAN Stock", but that is exactly how far ahead of itself Realty Income's (NYSE:O) stock has gotten today. Do not get me wrong, Realty Income is