Shares of Realty Income Corp (NYSE: O) have lost 8.7 percent of value over the last five trading days. This, the Vetr crowd seems to believe, has capped the room for downside, as evidenced by its average price target of $61.16, which implies almost no downside from current prices around $61.60.
Related Link: Here's How Crowdsourced Ratings Can Beat The Market
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Seeking to better reflect the limited downside potential, the Vetr community upgraded its rating on shares of Realty Income on Thursday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.
Two things should be noted. First off, that the stock carries an annualized dividend yield of almost 4 percent. Secondly, pretty much in accordance with the new score, 50 percent of the crowd’s ratings are bullish at the time.