Annaly Capital Management, Inc. (NYSE:NLY)

CAPS Rating: 4 out of 5

The Company owns and manages a portfolio of mortgage backed securities, including mortgage pass-through certificates, collateralized mortgage obligations and other securities representing interests in or obligations backed by pools of mortgage loans.

Recs

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Player Avatar imnotsleeping2 (< 20) Submitted: 9/21/2011 3:34:01 PM : Outperform Start Price: $12.07 NLY Score: -77.21

Helicopter Ben says low interest rates till 2013 which should keep the interest rate spread good for NLY, keeping the divi payout high. Will this outperform the S&P? I believe so, the economy is looking gloomy (“they” say) and the Fed said no QE proper for now, so this is a bet that the S&P isn’t going to take off anytime soon based on those 2 factors. NLY’s ~14% divi will slowly whittle my NLY caps cost basis down.

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