Jim Cramer Weighed in on These 17 Stocks

9. Realty Income Corporation (NYSE:O)

Number of Hedge Fund Holders: 32

Realty Income Corporation (NYSE:O) is one of the stocks that Jim Cramer weighed in on. When a caller asked for Cramer’s thoughts on the company, he replied:

“I gotta tell you, I’m going to have to say no to Realty Income. That doesn’t mean I don’t like it. I like it a lot. You gotta go for growth. Growth is the only safety. You should be looking for a nice return. I mean, I’m talking about stocks like NVIDIA. You should be in NVIDIA even right here. I really think that Realty Income is for people who are a little bit older. What can I say? Hey, it’s good to be young. Nothing wrong with that.”

Realty Income (NYSE:O) is a commercial real estate investor with a large, diversified portfolio and a focus on delivering reliable monthly dividends. In an April episode, Cramer mentioned the company after a caller inquired whether it was too early to get back into REITs. He said:

“No, absolutely not. I went over that quarter with a fine-tooth comb. I know the stock dropped down to the low 50s when they reported. I felt that there was an overreaction. I actually like the quarter, and I am still a buyer. Don’t forget, you get monthly dividend checks when you buy letter O, which is one of the reasons why I stand by it so, so much.”