Fortress Investment Group LLC (FIG)

gentletrader01 (72.48) Submitted: 1/15/08 1:20 PM : Start Price: $13.09 FIG Score: -48.73

FIG has been beaten up along with all the other financials, despite having zero exposure to the mortgage CDOs. I think that in comparison to big banks and brokers, FIG took a bigger beating than it deserved. Upside: Dividend yield makes this attractive as an income stock at this point, with a potential for significant growth after the financial markets settle. Downside: To pay the dividend, the company needs to continue both earning fees on assets under management (that's low volatility) and making profits on private equity investments (much more lumpy). It's in the latter area where they could run into trouble.

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