Realty Income Corporation (NYSE:O) is one of the Jim Cramer’s Recession-Proof Stock Picks.
Jim Cramer prefers Realty Income Corporation over Gladstone Land while the former announces $800 million notes issuance.
On August 6, 2025, Realty Income Corporation reported a revenue of $1.41 billion for the second quarter ended June 2025. The figure suggests a 5.3% increase compared to the same quarter previous year. The revenue beat the consensus estimate by 1.04% while it fell behind the EPS estimate by -0.94%, reaching $1.05. On September 25, 2025, the company entered a purchase agreement with several underwriters. The agreement allows for the issue and sale of $800 million in aggregate principal amount of notes, split between 3.950% Notes due 2029 and 4.500% Notes due 2033. Following the decision, the stock’s weekly performance has seen a slight uptick of 0.13%.
In a lightning round, played earlier this year, on March 19, 2025, Jim Cramer responded to a caller’s stock question using the following statement.
“I’m going to see your Gladstone Land and raise you with Realty Income.”
With Cramer emphasizing the importance of Realty Income Corporation in the REITs market, the stock is also backed by 27 hedge funds signaling confidence in its income-generating potential.
Founded in 1969 and headquartered in California, Realty Income Corporation is a major REIT, known for its prompt monthly dividend payments. The company owns and leases a diversified portfolio of over 15,000 single-tenant commercial properties under long-term net lease agreements.
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Disclosure. None.
