Is This a New Bull Market? You Haven't Missed Out On W.P. Carey
Real estate investment trust (REIT) W.P. Carey's (NYSE: WPC) stock has plunged as the broader market has been in recovery mode. Over the past year, the shares are down around 13%, and nearly 20% off their 52-week high, while the S&P 500 index has risen 14%. That's severe underperformance, but if you know why Wall Street is so downbeat, you might see this as an opportunity to invest in this well-respected net lease REIT.
The really big worry about W.P. Carey right now is probably tied to the fight against inflation, which is leading to steep increases in interest rates. There are two potential negatives here.
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Source Fool.com
