This is an ideal midcap stock for growth and income investors looking for a safer idea for 2021. Realty Income Corp. (NYSE: O) is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a real estate investment trust (REIT), and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with commercial tenants.
To date, the company has declared 604 consecutive common stock monthly dividends throughout its 51-year operating history and increased the dividend 108 times since its public listing in 1994, and it is a member of the S&P 500 Dividend Aristocrats index.
Investors receive a 4.57% distribution. The Jefferies team has set a $77 price objective. The $69.53 consensus price target is lower, but Realty Income stock closed at $61.75 a share on Friday.
This well-known maker of coolers and other camping items may get a seasonal boost as spring is here and summer not far behind. Yeti Holdings Inc. (NYSE: YETI) is a growing designer, marketer, retailer and distributor of a variety of innovative, branded, premium products to a wide-ranging customer base.
The company is determined to ensure that each Yeti product delivers exceptional performance and durability in any environment, whether in the remote wilderness, at the beach, or anywhere else. By consistently delivering high-performing products, Yeti has built a following of engaged brand loyalists throughout the United States, Canada, Japan, Australia and elsewhere, ranging from serious outdoor enthusiasts to individuals who simply value products of uncompromising quality and design.
The Jefferies price target is $100. The consensus target on Yeti stock is $82.46, and Friday’s closing share price was $75.03.
These five top stocks with plenty of upside to the Jefferies price targets are trading well below 52-week highs. These all make sense for investors looking to add small- and mid-cap exposure to long-term growth portfolios. Again, most of these outstanding companies are better suited for growth stock investors with a slightly higher risk tolerance