Newcastle Investment Corp. (NYSE:NCT): Credit Suisse recommends buying Newcastle Investment on recent weakness, and the firm continues to be confident concerning fundamentals of excess MSR investments. The firm gives the shares an Outperform rating and a $11.50 p
Right now yahoo finance is showing a price target of 12.05. It is pretty simple if one does not think NCT will ever go higher then do not buy. I tend to think longer term and felt this bump presented a great investment opportunity. Rarely do I catch them at the exact bottom but hey that is OK.