Annaly Capital Management, Inc. (NYSE:NLY)

The bull case for Annaly is extended, low rates from the Fed.
This pick was based on http://www.fool.com/investing/general/2011/07/05/rates-and-reits.aspx

I'm getting concerned with lower, long-term rates and prepayments squeezing mortgage REIT interest rate spreads and sold my RL position in Hatteras (HTS) - another mREIT - last fall and closed my CAPScall on it.
www.fool.com/investing/general/2011/10/27/a-mortgage-reit-on-the-sell-block.aspx

At this point, I'm hanging on to the NLY pick in the hope it'll sneak into the green so I can close it without dinging my score. It I held it in real life, I'd sell it and move on.

Would still buy for dividends with interest rates low through 2014, but share price won't move much (and there will be secondary offerings if it does!)

Buying this for one reason and one reason only. QE 3..the fed will buy $500+ billion in mortgage backed securities

Earnings will go up, consider this dip a discount. One bad quarter will not tank this company.

divedend

NLY has good reputation, good financial backing, great dividend, even if the dividend goes down a bit, deals with quality securities. This company has been around for many years. A good deal.

At least until the Feb increases rates.

Great DIV!!!

Best managed in its class, and recent Fed announcement gives them 3 years of great returns

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Fed has announced now that 0% interest rates are here to stay now through 2014 meaning most likely continued profits for NLY and the very nice dividend.

Federal reserve plans to keep rates low for 2 more years.

Grabbing this for that sweet sweet dividend...

as the housing market starts to return NLY will benefit.

Sustained lower interest rates will keep mortgages attractive for refinance, etc. Economy may keep the stock price at a near stagnant level...same as the S&P as a whole...but with dividend paying 10%+, overall return will be good.

yo

The best managed mortgage REIT out there...if you need dividends this is your REIT!

NLY is like a yo-yo , traders seem to buy and hole for the dividends and then sell, I think. I hold for the dividends, but it is risky. I did one good trade, bought SLV at 17 and sold at 39 I think, but only a 100 shares, got none now

I own this stock for 3 reasons:

1. Very good management (one of them also bought recently tons of shares).
2. the interest rate is going to stay down for at least 2-3 years.
3. dividends, dividends, dividends for more than 10 years, where even in the bad years, they paid ~4%.