Newcastle Investment Corp. (NYSE:NCT)
CAPS Rating:
The Company is a real estate investment and finance company. The Company invests in real estate securities, loans and other real estate related assets.
The Company is a real estate investment and finance company. The Company invests in real estate securities, loans and other real estate related assets.
Recs
Is up 50% since I picked in CAPS. I however am up only 22% since I did not have enough money to spread around at the time. At current price it is still a 7.86% dividend stock. With real estate back on the march towards greatness this is worth $28+ and will be fast. PE is great, and profit margin as increased in triple digits.