American Capital Agency (NASDAQ:AGNC)
CAPS Rating:
The company is organized as a real estate investment trust. It uses leverage to invest in single-family residential mortgage pass-through securities and collateralized mortgage obligations that are guaranteed by the U.S. Government.
RSS Headlines
Fool UK
Recs
It will under perform for a little bit because it is trading near it's target price, but I think after a small dip it will bounce back. Solid dividends will bring new buyers back
very mild reaction to the expected dividend cut. keep waiting for a dip and you may have to give up and pay 30.00 or forget it. looks to me that NLY is no longer best of breed.