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VICI Properties Stock: A Good Bet (Still) (NYSE:VICI)

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  VICI Properties (VICI) saw revenue and net income growth in 2Q24, raised guidance, and made new investments. Read more about this well managed REIT.

VICI Properties, a real estate investment trust focused on gaming and hospitality properties, remains an attractive investment despite a recent dip in its stock price. The company has a strong portfolio of assets, including the iconic Caesars Palace in Las Vegas, and benefits from long-term, triple-net leases that provide stable and growing cash flows. VICI's recent acquisition of the Venetian Resort Las Vegas further strengthens its position in the market. The company's focus on high-quality assets, coupled with its disciplined approach to capital allocation and a solid balance sheet, positions it well for future growth. Additionally, VICI offers an attractive dividend yield, making it an appealing choice for income-focused investors.

Read the Full Seeking Alpha Article at:
[ https://seekingalpha.com/article/4715996-vici-properties-still-a-good-bet ]