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Annaly Capital Management Inc (NLY) [hlAlert]

Rating:
Underperform
NLY
up 15.67 %

Annaly Capital Management Inc (NLY) rated Underperform by BofA/Merrill

Posted on: Thursday,  Jul 11, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Annaly Capital Management Inc (NYSE: NLY) on 07/11/2013, when the stock price was $11.81. Since
then, Annaly Capital Management Inc has lost 13.55% as of 01/15/2016's recent price of $10.21.
If you would have followed this BofA/Merrill's recommendation on NLY, you would have gained 15.67% of your investment in 918 days.

Annaly Mortgage Management, Inc. specializes in investing in Mortgage-Backed Securities. Its principal business objective is to generate net income for distribution to stockholders from the spread between the interest income on its Mortgage-Backed Securities and the costs of borrowing to finance its acquisition of Mortgage-Backed Securities. The Company has elected to be taxed as a Real Estate Investment Trust and is self-advised and self-managed.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/11/2013 8:25 AM Sell
None
11.81
as of 12/13/2013
1 Week down  -2.05 %
1 Month up  7.27 %
3 Months up  17.16 %
1 YTD up  15.83 %

(*) Stock Price at the time of the recommendation.
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