Discussion in 'Stocks' started by retaildaytrader, Jul 22, 2010.
Time to get a little ANH. Mortgages are back! I am going in at the open. See you there...
I believe these are GSE mortgages
I picked up NLY after the May crash, mainly for the 16% dividend, but got the added surprise of the the stock price being rock solid as well. It went x-div and came roaring right back, then announced a secondary offering recently, gapped down and is coming right back again.
What I like about NLY is that its earnings growth was steady through the whole subprime mortgage mess, the financial meltdown and the market meltdown.
Separate names with a comma.