This Stock Is Up Over 8,700%, and Still Makes Sense to Own Today
You shouldn't invest in a stock with the expectation of receiving life-changing returns overnight. The S&P 500 -- which is the stock market's main benchmark -- has historically averaged around 10% annual returns over the long haul, so that's typically the more realistic aim for long-term investors.That said, it's always nice when an investment takes off and provides exceptional returns along the way.Now, what if I told you that there's a stock that's up over 8,700% -- and is still a buy today. If your mind went to a high-flying growth stock, it'd be a good guess, but you'd be wrong. The answer is actually Realty Income (NYSE: O), a real estate investment trust (REIT).Continue reading
You shouldn't invest in a stock with the expectation of receiving life-changing returns overnight. The S&P 500 -- which is the stock market's main benchmark -- has historically averaged around 10% annual returns over the long haul, so that's typically the more realistic aim for long-term investors.
That said, it's always nice when an investment takes off and provides exceptional returns along the way.
Now, what if I told you that there's a stock that's up over 8,700% -- and is still a buy today. If your mind went to a high-flying growth stock, it'd be a good guess, but you'd be wrong. The answer is actually Realty Income (NYSE: O), a real estate investment trust (REIT).
