Summer Sale
50% off Premium Yearly
Opinions Andy Nasr
Vornado Realty TrustVNOPAST TOP PICKJul 28, 2016
Stock price when the opinion was issued
As of Jun 16, 2026. Market Open.
You might be interested:
Office REITs haven't recovered from Covid as workers resist returning to the office and rising interest rates are eating into revenues. 18% of their portfolio is retail, but it's mostly office space. Is down 33% YTD. Yesterday, it suffered one downgrade to sell, but also one upgrade. Its properties are good, and shares have been oversold.
Very high quality office portfolio. They have properties in California and New York, which is an undersupplied market. You are going to see the combination of rent growth and occupancy growth really contributing to the dividend increasing over time. They have a very strong balance sheet. Dividend yield of 2.62%.
Andy Nasr
(Top Pick Jul 02/15, Up 11.61%) He switched to names like Boston Properties. It is a good core holding, but he prefers other names in his global fund.