W. P. Carey: Graham Number Shows Large Valuation Discount

IvelinRadkov WPC stock: Main Street and Wall Street diverge I last wrote on W. P. Carey (NYSE:WPC) about 4 months ago (on April 15, 2024, to be exact). That article was titled "W. P. Carey: Office Market Exit Creates Growth Potential". As the title suggests, that article focused on the aspect of the divestiture of its office properties. More specifically, I argued for a BUY thesis based on the following considerations: WPC has disappointed investors with a negative total return over the past 5 years. The co ...