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$7.04 0.62 (9.66%)
9/5/2008 4:02 PM

Fannie Mae (FNM)

CAPS Rating:
*

A shareholder-owned company, which provides affordable housing capital to local communities in order to serve the U.S. housing market.

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Recs

3

Avatar TMFGebinr (27.27) Submitted: 9/12/06 4:30 AM : Outperform Start Price: $49.06 FNM Score: -72.88

Buying companies that are in trouble, if the troubles are temporary and fixable, can give good returns. A change in management and getting the company's books straightened out signalled that this company is trying to make its problems temporary. We'll see how Mudd and crew do.

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