NLY Still Worth a Look – Voice of the People

Zacks’ Voice of the People Highlights user rjm77me: “NLY Still Worth a Look” from the People & Picks community.

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NLY Still Worth a Look

I have written about NLY for using in 401K type portfolio. It has held steady during this last 10 days of downturn for following reasons:

Higher Bond Prices Help High-Yielding Mortgage REITs

While there are many factors to look at when evaluating mortgage REITs, investors should make sure they know and understand the track record of managers before buying into these stocks. Annaly Capital Management (NLY), currently yielding 16%, might fit this bill, as managers have consistently produced strong results, while taking advantage of lower interest rates.

Some other mortgage REITs to investigate further are MFA Financial (MFA) and Hatteras Financial (HTS), yielding 12% and 16% respectively.

Not all REITs in the space throw off huge yields though. Redwood Trust (RWT) a residential and commercial mortgage REIT currently distributes a modest 7% annually. American Capital Agency (AGNC) yields over 20%, making it the highest yielding stock in the sector.

Please do your own home work before buy any security.

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