12 Best Stocks to Invest in Under $100

9. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 32

Realty Income Corporation (NYSE:O) is one of the best stocks to invest in under $100. On June 29, Realty Income announced the pricing of a public offering for €600 million in senior unsecured notes due July 30, 2032. The notes were priced at 99.518% of the principal amount, resulting in an effective annual yield to maturity of 3.716%.

Realty Income Corporation (NYSE:O) intends to use the net proceeds from the offering for general corporate purposes. This includes the repayment of existing indebtedness, such as borrowings under revolving credit facilities and commercial paper programs, as well as the acquisition, development, and improvement of properties within its portfolio.

The offering is expected to close on July 7, subject to customary closing conditions. The transaction is being managed by a joint book-running team including Barclays, BNP PARIBAS, RBC Capital Markets, Santander, and Wells Fargo Securities.

Realty Income Corporation (NYSE:O) is a real estate investment trust focused on acquiring, owning, and managing freestanding commercial properties. These properties are leased under long-term net lease agreements to a diversified group of tenants, including investment-grade, investment-grade-equivalent, and other operators.