W. P. Carey Has Crashed: Buy, Hold, Or Sell?

May 13, 2024 7:30 AM ETW. P. Carey Inc. (WPC) Stock, , , , , , 103 Comments

Summary

  • W. P. Carey was once very popular.
  • But today, it is one of the most hated REITs.
  • I explain why I am buying it at these levels.
  • High Yield Landlord members get exclusive access to our real-world portfolio. See all our investments here »

Bear Market

DNY59

When I started investing in REITs over a decade ago, I remember that W. P. Carey (NYSE:WPC) was one of the most popular REITs in the world.

It was loved by most REIT investors because:

  • It had one

As the largest and best-rated real estate investor community on Seeking Alpha, boasting 2,000+ members and a 4.9/5 rating from 500+ reviews, we pride ourselves on providing unparalleled value and support.

But act fast! Our membership rates are set to increase on the 1st of June. Seize this opportunity to secure your membership at our current rates before it's too late!

Plus, take advantage of our 2-week free trial - there's absolutely nothing to lose. Lock in your rate now and decide during your trial period if our service is the right fit for you.

This article was written by

67.47K Followers

Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many top REIT executives.

He is the leader of the investing group High Yield Landlord, where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct access to Jussi and his team of analysts to ask questions. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of WPC; NNN; ADC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About WPC Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on WPC

Related Stocks

SymbolLast Price% Chg
WPC
--