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S&P 500: 1,317.11 Change: -0.21%
DiviMo
P&P Score: 4.54   Points: -40.46   Accuracy: 59.17%   Average Pick Score: -0.45   Annual Return: -11.12% (-11.30% since 5/20/11)  

DiviMo's Blog : NLY : Great opportunity to get into one of the best stocks

Date June 29, 2011  Edited: June 29, 2011    Comments Comments (0)    Rate this post Recommend This Post (47)   
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Annaly Capital (NLY).


This REIT is rated by general consenus as the best REIT to own. It's performance has been proven over many years and is managed by the best in the business, Mike Farrell CEO.. who has demostrated the ability and is able to handle every interest rate hike and every interest rate cut.



Why buy now?


Massive insider buying. Six separate insiders brought stock direct on June 27.   The stock pays a dividend yield of 14.50%.    In addition, the stock just went ex-div which caused the price share to drop by .70. You can pick up the stock at a discount (yes, you missed this quarter earnings but you got the stock locked in at a lower price). Also, NLY's price just broke through it 200MA, a bullish sign.


Disclosure: NLY is one of our 15 dividend paying stocks


Tags : NLY  

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