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Added to YB: 2020-01-29

Pitch date: 2020-01-29

NLY [bullish]

Annaly Capital Management, Inc.

+21.98%

current return

Author Info

No bio for this author

Company Info

Annaly Capital Management, Inc., a diversified capital manager, engages in the mortgage finance business.

Market Cap

$15.6B

Pitch Price

$18.18

Price Target

N/A

Dividend

12.28%

EV/EBITDA

N/A

P/E

10.39

EV/Sales

N/A

Sector

Mortgage Real Estate Investment Trusts (REITs)

Category

dividend

Show full summary:
Appleseed Fund holding: Annaly Capital Management (NLY)

NLY: Mortgage REIT, former Appleseed Fund top pick. Bullish as Fed cuts rates, yield curve steepens. Highly liquid, safe agency MBS assets. Strong management, double-digit dividend yield. Bought in Q4 2019 for same reasons as during Financial Crisis.

Read full article (1 min)