Seeking Alpha

  Newcastle Investment Corp. - NYSE

10/26/2014, 2:59 AM ET
  • Michael Bryant | Send Message 21 Jun

    For the REITs, I like Newcastle ($NCT) & its spinoff New Residential ($NRZ). $NCT is also planning to spin off its senior housing business.
    Reply (2)
    • Len Friedman | Send Message 22 Jun
      : You shouldn't be neglected. So I'm agreeing. NCT, like other REITS, will do well but with greater promise due to the spinoff.
    • Len Friedman | Send Message 22 Jun
      : Thus I've been adding steadily, knowing it will pay off handsomely as have the two previous spins, This is a great short-term opportunity.
      NCT vs. ETF Alternatives
      Company Description
      Newcastle Investment Corporation is a real estate investment trust (REIT) that focuses on opportunistically investing in, and actively managing, a variety of real estate related and other investments.
      Sector: Financial
      Country: United States