Should You Buy W. P. Carey While It's Below $60?

Shares of W. P. Carey (NYSE: WPC) currently sit just below $60. That's well above its low point from the past year (in the low $50s) and not too far from its 52-week high in the mid-$60s. Because of that, investors might be wondering if the stock is still a buy at its current price point. Here's a look at the real estate investment trust's (REIT's) current value proposition.W. P. Carey recently reported its fourth-quarter and full-year results for 2024, and the diversified REIT had a down year. Its adjusted funds from operations (FFO) slumped 9.3% to $4.70 per share. That decline was largely due to asset sales. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool