Store Capital: There Was Blood In The Streets
About: STORE Capital Corporation (STOR)
by: Julian Lin
Summary
The best time to buy stocks is when no one wants to buy stocks.
STOR has outperformed the broader market since reaching a low in March.
Rent collection has improved dramatically as its tenants have reopened.
STOR yields a generous 5%, and I can see the case for long term growth as financials continue to stabilize.
I rate shares a buy with over 30% upside.
Store Capital (STOR) has rebounded strongly from the March lows, as its stock price has closely followed its improving fundamentals. Rent collection now hovers near 90% and may continue to improve as more