This stock has plunged by 50%. Only two mortgage REIT analysts warned investors away from shares before it happened. The market overreacted. While it was too expensive before, they are too cheap now. Q1 2020 has been very rough on mortgage REITs, but share prices were hammered vastly harder than fundamentals. This stock is far from being the cheapest in the sector, but they still need an upgrade.
AGNC Investment Corp.(AGNC) Investment Corp. operates as a real estate investment trust (REIT) in the United States. It is now within our bullish range. Shares trade at an extreme discount to recent estimates of book value. We see other discounts that are even larger, but it's time to provide a fresh view on AGNC. Our prior rating worked out even better than expected.
Source: Seeking Alpha
Related Articles:
- The Most Important Thing To Consider When Selecting A Dividend Stock
- 5 Healthcare Stocks With Growing Dividends Yielding In Excess of 2%
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 3 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Many investors prefer to invest in stocks they can hold on to forever. These companies tend to offer products and services with an appeal th...
-
Mid-April and May have traditionally been the months when we see Q1 earnings and dividend announcements from our favorite dividend stocks. W...
-
I wanted to find five dividend stocks that had very high yields that appeared to be quite secure. As you know, the dividend yield ratio is c...
-
Strange but true: seniors fear death less than running out of money in retirement. Also, retirees who have constructed a nest egg have valid...
-
On Wall Street, Chris Harvey, Wells Fargo’s head of equity strategy, sees opportunities in current market conditions. “Destruction in stock ...
-
Quality items seldom go on sale, but that’s when we talk about a normal market. In a stock market that recently had its worst day since 1987...
-
Healthcare is one of the few sectors seeing high demand right now, with companies working to develop COVID-19 vaccines, treatments, and diag...
-
We’ve opened up the TipRanks database, finding three stocks whose profile justifies the entry risk in today’s unsettled conditions. All thre...
-
Stocks that pay out steady and increasing dividends are always appreciated by investors, but in times of market uncertainty and volatility, ...
-
Dividends are being cut and suspended all over the place of late, and keeping track of it all is a tall task that it likely puts many divide...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.