In today's video, I cover two REITs that appear to be trading at a very reasonable valuation, below their five- and 10-year FFO (funds from operations) multiples. One of those REITs is W. P. Carey (WPC +0.27%), which has transitioned into more of an industrial and warehouse REIT. This transition calls for multiple expansion in line with other REITs in that sector.
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*Stock prices used were end-of-day prices of April 28, 2023. The video was published on May. 1, 2023.
