Six months ago, the Fool's Steve Symington explained why he finally bought shares of Retail Opportunity Investments Corp. (NASDAQ:ROIC) for his personal portfolio. The promising small-cap real estate investment trust has modestly beaten the S&P 500 since then and, more recently, was added to the S&P SmallCap 600 Index following its latest earnings report.
Steve insists in the video below that Retail Opportunity Investments has only continued to make strides toward improving its already-solid financial position since he first purchased shares last November. That includes everything from acquiring new shopping centers and increasing occupancy rates to increasing revenue, growing funds from operations, and retiring additional outstanding warrants all the while.
Best of all, Steve still thinks Retail Opportunity Investments stock is a great buy for patient, long-term investors. To hear Steve's full take, watch the video below.
Steve Symington owns shares of Retail Opportunity Investments. The Motley Fool recommends Retail Opportunity Investments. The Motley Fool owns shares of Retail Opportunity Investments. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.