Chipmaker Nvidia has been in the spotlight over the past year, especially since its shares logged an astronomical 240% rise in 2023, on the back of the artificial intelligence buzz. Its popularity shows little sign of abating. The stock is up around 19% so far this month, and 90% over the year to date. Still, one investor is steering clear, saying the stock looks far too expensive. "Even if some may say it's not as expensive because earnings have gone up dramatically ...
"The stock and the REIT group are out of favor because interest rates have risen. Yet this could be a good pick because interest rates are coming down and much of the concerns in commercial real estate due to more people working from home may be priced in." He also flagged that Realty Income has a triple net lease structure, which means its tenants are responsible for all expenses, and it pays out dividends monthly, unlike many REITs which pay out on a quarterly basis.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: nbcsandiego - 🏆 524. / 51 Read more »