I came across a REIT that I found very interesting. REIT $WPC+1.2% is currently at a very low price and the stock is very undervalued for me, as I see the fair price of the stock somewhere between $85-$90 and a very similar fair price for the stock is shown by the Bulios indicator. I see potential in this company and I believe the stock will start to grow and as a bonus there is a high dividend which is around 6.5%.
Are you familiar with this REIT and have shares of this company in your portfolio?
W. P. Carey Inc.
WPCCapital Structure
Market Cap
13.5B
Enterpr. Val.
20.6B
Valuation
P/E
23.7
P/S
8.5
I'm a little concerned that they're focusing on the chancellor
The price now looks really good. Plus that nice dividend...well, it's tempting.
WPC is already at interesting prices again, so yes. 💪
Yep, this reit is pretty well known, it's also talked about among investors and I personally have it. It's nicely diversified with what it's letting out, has a nice dividend and estimates for solid growth as well. But at the same time I would still be cautious, they are nice prices, I myself was overbought somewhere around $65, but based on the current situation, what interest rates will be, I think REIT prices may still fall. 😊