VICI Properties Inc. is trading at $31.43 with trailing and forward P/E of 12.04 and 10.87. The REIT focuses on NNN leases in prime entertainment real estate, providing stable returns and low operational risk. VICI owns 31 MGM and Caesars properties, resilient to tourist traffic fluctuations. Capital raises have been accretive, benefiting share price and dividends. VICI offers a landlord-like investment alternative with predictable cash flow yield and potential growth. A strategic rotation from higher-volatility assets to VICI demonstrates the company’s resilience and stability in the market. STAG Industrial, Inc. also presents a bullish thesis with strong performance and reliable income.

Read more at Yahoo Finance: VICI Properties Inc. (VICI): A Bull Case Theory