Realty Income Corp - Looking to Add

Written by MrStockFox. Posted in Trade Ideas

For the most part I have stayed away from the REITs until recently and actually used the rally into the end of last year to take profits on most of my positions.

Realty Income Corp is coming into area of support where I plan to start building a longer term position.  Starting tomorrow I plan to start picking away at some shares in hopes to eventually build around 50-70 share position.  Anything below 45-46 is looking interesting.  At the current price, Realty Income Corp pays a 4.9% dividend.

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