0
0

Give me a good reason not to own NLY


 invite response                
2010 Oct 20, 7:10am   2,468 views  2 comments

by Eman   ➕follow (7)   💰tip   ignore  

Guys,

I'm trying to find a flaw in this stock, but couldn't. This stock has outperformed the S&P by a wide margin. Hope you guys can give me some constructive inputs.

Since 2000 this stock went from about $8 to $18. 125% return
It has been paying an average of 15% dividend since inception in 1997. That's another 150%+ return in the past 10 years on top of the 125% return above. This doesn't even include dividends reinvested.

My question is, what's not to like about this stock?

Disclaimer: I've been owning this stock for a while and loving it.

Comments 1 - 2 of 2        Search these comments

1   globe33   2010 Oct 25, 2:40pm  

looks like a good bet! how do you find these?

2   justme   2010 Nov 3, 12:25am  

They invest in mortgages.

From yahoo:

Annaly Capital Management, Inc., a real estate investment trust, engages in the ownership, management, and financing of a portfolio of investment securities. The company invests primarily in mortgage pass-through certificates, collateralized mortgage obligations, agency callable debentures, and other mortgage-backed securities representing interests in or obligations backed by pools of mortgage loans.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions