REITs have been among the worst-performing sectors within the S&P 500 in 2023. Higher rates have played a role, but the slump is providing an opportunity in high-quality REITs that will be long-term winners once the hiking cycle is completed. One of the REITs discussed in today's video is WP Carey(NYSE: WPC), which has been hit hard of late.
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*Stock prices used were end-of-day prices of Oct. 6, 2023. The video was published on Oct. 7, 2023.
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