Does Cramer understand investing? Because he doesn't understand AGNC
"American Capital Agency (AGNC): "I used to fight this tooth and nail, because the dividend was a red flag. I now believe it can handle this yield. The dividend might not always stay this high, but I would buy it.""
What a maroon. I bet he checks the P/E on every stock he talks about.
I agree with you YBFW. Cramer, at best, is ranked a C to C- by his peers. Sure he got rich, and sure he has his show. But I don't listen to him any more, because he is half wrong. But AGNC is such a gift, and I am long and aquiring more. I love to see the dividend come in every three months, and I don't care about it going down and up like normal stocks do. The end result is each three months, and I buy more with my 401k transfer into my ROTH. And until I actually need to draw down, I am comfortable to let AGNC grow, prosper, and be more reliable than ---- well, our government?