Federal Agricultural Mortgage Corp. (NYSE:AGM)
CAPS Rating:
The Company provides agricultural real estate and rural housing mortgage loans to increase the availability of long-term credit at stable interest rates to American farmers, ranchers and rural homeowners.
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why not?
Tsk..Tsk...Why risk losing your score by making this lousy bet? Today it is 7 dollars and your AGM score is negative (-135.29)
I do have eyes. Should still end up at zero.
Still hoping for it to stay below 3 long term? It is an agricultural mortgage business with less risky loans.
Under 2.75 again today.
You're about to get killed on this bet come earnings
You might consider ending this pick soon or you will get pounded even more. Time to stop the bleeding here while it is in a dip. The next year will see much loan growth and ideas are being floated that Farmer Mac (AGM) will become THE manager of a revolving fund for the electric grid to be upgraded.
http://www.milkeninstitute.org/pdf/ElectricGridLab.pdf
If this happens then your score for AGM will get much worse. Green thumb it and you might go positive on your AGM ratings in the next year.