W. P. Carey: The Rebound Continues, Downgrading As Valuation Improves

Long PlayerInvesting Group LeaderFollow5ShareSavePlay(9min)CommentsSummaryW. P. Carey is on a recovery trajectory post-dividend cut and spinoff.Management is actively repositioning the portfolio through property dispositions and a record $2.1 billion in new lease acquisitions.WPC stock rebounded from lows in the $50s, with the potential to reclaim and surpass its previous ~$90 high.Maintaining a healthy spread between funds flow and dividends is critical to sustainable growth.Remember that there is an end to all growth stories.This idea was discussed in more depth with members of my private investing community, Oil & Gas Value Research. Learn More »mrdoomits/iStock via Getty Images W. P. Carey (WPC) reported improved results as the recovery from the distribution cut and spinoff continued. The last article mentioned that this company was likely on the recovery track and that management would seek toThis article was written byLong Player25.32K FollowersFollowLong Player believes oil and gas is a boom-bust, cyclical industry. It takes patience, and it certainly helps to have experience. He has been focusing on this industry for years. He is a retired CPA, and holds an MBA and MA. He leads the investing group Oil & Gas Value Research. He looks for under-followed oil companies and out-of-favor midstream companies that offer compelling opportunities. The group includes an active chat room in which Oil & Gas investors discuss recent information and share ideas. Learn more.Analyst’s Disclosure: I/we have a beneficial long position in the shares of WPC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaimer: I am not an investment advisor, and this is not a recommendation to buy or sell a security. Investors are recommended to read all of the company's filings and press releases, as well as do their own research to determine if the company fits their own investment objectives and risk portfolios.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.