Tue, Jan 27, 2015, 2:36 AM EST - U.S. Markets open in 6 hrs 54 mins


% | $
Quotes you view appear here for quick access.

Annaly Capital Management, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • davesmith49@rocketmail.com davesmith49 Mar 14, 2012 7:07 PM Flag

    Question about rates

    I held the stock for someone else 7-12 years ago, and followed it closely back then. Back then they were really struggling with a narrow spread, even an inverted yield curve, but they always managed to post a great dividend somehow. This company is extremely well managed. Solid fixed income was a great thing in recessions. They never disappointed. Seems to me like we're entering a Goldilocks setup for NLY. The spread should widen nicely. And it's coming back to me about the refinancing risk, like you said. I remember them talking about refinancing hurting them as rates fell. I'm sure that will lessen now.

    I'm sure NLY is a buy right now, the question is, who will buy? I'm up to my neck in BAC. I think NLY is just playing second fiddle for the time being. Some people probably sold out and got in banks before the results of the stress test. I know I did with some other perfectly good stocks. But those of you holding for divs should be in great shape, much better shape than when I held it for years. Thanks for the reply and good luck!

10.67+0.12(+1.14%)Jan 26 4:01 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.