2 Cheap REITs With Big Upside

By Mark Roussin, CPA – May 2, 2023 at 8:37AM

NYSE: WPC

W. P. Carey

Market Cap

$12B

Today's Change

(2.85%) $1.56

Current Price

$56.21

Price as of April 19, 2024, 4:00 p.m. ET

Both of these REITs provide stable dividends that continue to grow.

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 2.85%), 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.

Check out this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of April 28, 2023. The video was published on May. 1, 2023.

Mark Roussin, CPA has positions in CubeSmart and W. P. Carey. The Motley Fool recommends W. P. Carey. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.