Is there another stock that you're buying as a hedge incase this one doesnt take off. How do the mortgage insurance stocks relate to FNMA, if at all.
yes mtg and rdn, long in both of these companys, these are $ 60.00 dollar stocks in 5-10 years
Arna. look it up!!! first obesity drug approved in 13 years is about to hit the market any day now.
The Fannie Mae preferred shares may be a good option. I think the common has much more upside, but an argument has been made that the preferred is "safer" due to the fact the federal gov owns 80%.
Personally I am sticking with the common, but if you have any fear maybe buy some of the preferred.
Sentiment: Strong Buy