W.P. Carey: The Case For Buying, Holding, Or Selling (Rating Downgrade)

Core Viewpoint - The stock of W. P. Carey (NYSE: WPC) has achieved a total return of 25.63% since December of the previous year, leading to a downgrade to a 'Hold' rating, not due to poor performance but rather due to the current valuation [1]. Company Analysis - W. P. Carey is identified as a Real Estate Investment Trust (REIT) that has been temporarily out-of-favor in the market, suggesting potential for future value [1]. - The investment strategy focuses on long-term horizons, emphasizing contrarian and deep-value opportunities within the REIT sector [1]. Investment Insights - The author has a beneficial long position in W. P. Carey shares, indicating confidence in the company's future performance despite the downgrade [2].