W.P. Carey Stock Up 9% in Three Months: Will It Continue to Rise?
Key Takeaways W.P. Carey (WPC) shares have rallied 9% in three months, outperforming the industry's upside of 0.5%. The company is poised to benefit from a high-quality, mission-critical, diversified portfolio of single-tenant net lease commercial real estate in the United States, and Northern and Western Europe. Its specialty in long-term sale-leaseback transactions with contractual rental bumps leads to steady revenue generation. Strategic portfolio repositioning efforts appear promising. A solid balance ...