Annaly (NLY) is upgraded to Outperform at Wells Fargo, which says the now-universal knowledge of...


Annaly (NLY) is upgraded to Outperform at Wells Fargo, which says the now-universal knowledge of the problems facing the mREIT sector has created a buying opportunity "not seen since the height of the financial crisis." Shares +1.5% premarket. Earlier: Wells upgrades Hatteras.

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Comments (19)
  • Larmerdb
    , contributor
    Comments (2) | Send Message
     
    I believe this is going to be a $30.00 stock after the first of the year
    16 Nov 2012, 08:15 AM Reply Like
  • itscalledcommonsense
    , contributor
    Comments (2546) | Send Message
     
    Finally, someone who loves hyperbole as much as I do.
    16 Nov 2012, 09:31 AM Reply Like
  • SaltyDog62
    , contributor
    Comments (835) | Send Message
     
    What is that based on?
    20 Nov 2012, 09:14 AM Reply Like
  • oskar96
    , contributor
    Comments (97) | Send Message
     
    LOL
    16 Nov 2012, 08:19 AM Reply Like
  • curious-george
    , contributor
    Comments (612) | Send Message
     
    $30??? only if it turns into a "apple"
    think most would be very happy to see 17.50!
    16 Nov 2012, 08:27 AM Reply Like
  • benrod2980
    , contributor
    Comments (25) | Send Message
     
    I am 100% invested in mREITs plus 33% leverage. AGNC takes 60% of portfolio the other 40% split among TWO, MTGE, WMC. Am I playing with fire? The Wells Fargo announcement this morn gave me confidence..Do not know how to add picture.
    16 Nov 2012, 08:33 AM Reply Like
  • itscalledcommonsense
    , contributor
    Comments (2546) | Send Message
     
    Valium, that's what you need to add.
    16 Nov 2012, 09:32 AM Reply Like
  • Brian Bobbitt
    , contributor
    Comments (2083) | Send Message
     
    I am meeting, next week with two advisors. One with Met life (Angelo)and that ilk, and another a broker with Ameriprise. (Ken) [We'll call them.]
    Angelo has my annuities, and one of them pays a guarantee of 7.25%, [I can add all I want to it] with no risk. Ken, is a regular stock broker, who tole me to exit all REITs in October. [ Remember?]

     

    I am gettin' the feelin' that REITs may be okay again, and perhaps the disaster is over [for now]. I am still very concerned regarding the fiscal cliff,[because I'm not sure I fully understand it or its consequences] which in my opinion, if 'the market' doesn't panic, things will go on as usual.

     

    The media, as usual, is whipping this into a frenzy. Fact is, we owe what we owe now, and yes, if we continue the current insane path, the debt to income ratio will widen, but we have a ringer. The FED.
    The way they are doing it you and I can't. We have to pay our bills, or go live in a tent under the bridge. They can print money, and buy their own debt by issuing 'paper', which they buy with more paper. They own the paper mill, and the printing press.
    Wouldn't my wife love that.

     

    Anyway, I am still hiding in the woods, shivering from the cold, and afraid of the big bad wolf out there. If I see him getting bored stalking me, I may come out and feed soon, but I'm not in a hurry to be eaten by wolves just now.
    Keep ur powder dry.
    Capt. Brian
    16 Nov 2012, 11:01 AM Reply Like
  • kmi
    , contributor
    Comments (4598) | Send Message
     
    Invest in the economy not the market.
    16 Nov 2012, 11:49 AM Reply Like
  • SaltyDog62
    , contributor
    Comments (835) | Send Message
     
    Gotta love a guy with BIG CAHONES.
    20 Nov 2012, 09:15 AM Reply Like
  • chopchop0
    , contributor
    Comments (5199) | Send Message
     
    kicking myself for not buying the last few days at 14.01
    16 Nov 2012, 09:01 AM Reply Like
  • kmi
    , contributor
    Comments (4598) | Send Message
     
    I bought down to 14.03, watched the dip to 13.75, considered market entry, figured that was more emotion less logic, and didnt.

     

    I think it's formed a pretty strong bottom as it has moved pretty forcefully from that point.
    16 Nov 2012, 11:51 AM Reply Like
  • curious-george
    , contributor
    Comments (612) | Send Message
     
    100% mREIT's...plus leveraged? love to understand how to evaluate leveraged risk over risk without leverage for REITs...anyone have thoughts?
    16 Nov 2012, 10:16 AM Reply Like
  • itscalledcommonsense
    , contributor
    Comments (2546) | Send Message
     
    Use arithmetic. NLY is say 9x. He has have 33% leverage.

     

    His NLY is levered to the underlying MBS @ 12x.

     

    9 x 1.33 = 12
    16 Nov 2012, 11:17 AM Reply Like
  • REIT Analyst
    , contributor
    Comments (500) | Send Message
     
    A good chunk of people buying mREITs don't really have a clue about what they are and how they work, and purchase or sell more based on perceptions or emotions than on detailed analysis. Hence prices will go up or down rather randomly, leading to opportunities.
    At the end of the day, with all fixed-income products (that includes mREITs of course), the truth is in the cash flows.
    16 Nov 2012, 12:28 PM Reply Like
  • howardsil
    , contributor
    Comments (7) | Send Message
     
    Wait. The whole sector is in a downtrend. It's an income stock after all. If the fundamentals change and the dividend is maintained it can always be bought. While anything is possible it is most likely to trade within its historic range if circumstances turn positive.
    16 Nov 2012, 02:31 PM Reply Like
  • mailinvestor
    , contributor
    Comments (5) | Send Message
     
    I am a pretty old guy and have been invested in NLY since they went public on 0ctober 8, 1997. I have been adding all the time ever since and have also sold many times.I have collected plenty in dividends. I am also playing successfully with options. I have seen the ups and the downs. Lately it was down, but I sleep very well and I am sure to see sunshine again.0f course, I have also other stocks and they're mostly down now,too.
    17 Nov 2012, 01:36 PM Reply Like
  • TangoOscar
    , contributor
    Comments (367) | Send Message
     
    Looks like a MREIT bottom to me. Most have recovered from the lows and are pretty far from the highs. I bet we see a HUGE pop when they pretend to fix the "fiscal cliff".
    21 Nov 2012, 05:26 PM Reply Like
  • kmi
    , contributor
    Comments (4598) | Send Message
     
    NLY and a few others are due for a divvy in Dec. There will definitely be some improvement in price before ex-div date.

     

    As for the period between NLY's ex-div and Jan 1st... as Ceaser said when he crossed the Rubicon, "Alea iacta est!"

     

    Let the die be cast...
    22 Nov 2012, 07:34 AM Reply Like
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