1. The article reiterates a 'hold' rating for W. P. Carey (WPC) ahead of its Q2 earnings, citing moderate AFFO growth and technical indicators suggesting continued price consolidation; 2. Active investments and capital recycling are noted as positive factors, but high leverage and balance sheet risks may constrain future investment flexibility; 3. Valuation metrics remain unattractive, reinforcing expectations of limited near-term upside.