Boring is Beautiful at VICI Properties with Catalysts Ahead

As a triple net lease real estate investment trust that owns casino real estate properties, VICI Properties (VICI) operates a highly predictable, low volatility business.  VICI is a landlord that is paid rent by casino operators like Caesars Entertainment and MGM Resorts.  4Q21 was no exception to VICI’s consistent financial performance with all reported key […]

Ignore The Stock Price, Home Depot Secular Growth Intact

Home Depot (HD) reported better than expected 4Q21 results driven continued upside in sales.  However, investors chose to focus on conservative guidance and modest pressure on gross margins, accelerating the recent pullback in the shares.  HD management has been very cautious about forward-looking commentary since the pandemic began despite consistently seeing sales growth well above […]