Why This Resilient Stock Is Safe Even in a Bear Market

There are real estate investment trusts (REITs) that ride the ups and downs of economic cycles and then there are those, like W.P. Carey (NYSE: WPC), that use those cycles to their advantage. Here's a quick look at why this bear market isn't likely to derail W.P. Carey and, in fact, could present opportunities for it to grow.

W.P. Carey is a net lease REIT. That means that it owns single-tenant properties -- around 1,300 of them -- and rents them under agreements that make the tenant responsible for most of the operating costs of the asset it occupies. While any single property is high risk, given the single-tenant model, across a large portfolio, the net lease approach is fairly low risk. 

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Source Fool.com