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Annaly Capital Management Inc (NLY) [hlAlert]

Rating:
Buy NLY
down 22.12 %

Where to Invest 2009: Higher Risk and Return

Posted on: Thursday,  Dec 18, 2008  10:25 PM ET by SmartMoney: Where to Invest 2009: Higher Risk and Return

SmartMoney: Where to Invest 2009: Higher Risk and Return rated Buy Annaly Capital Management Inc (NYSE: NLY) on 12/01/2008, when the stock price
was $13.11. Since then, Annaly Capital Management Inc has lost 22.12% as of 01/15/2016's recent price of $10.21.
If you would have followed this SmartMoney: Where to Invest 2009: Higher Risk and Return's recommendation on NLY, you would have lost 22.12% of your investment in 2601 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.

The stock market seems to be pricing many companies as though the credit crunch and recession fog will never lift. Call us crazy, but surely some financial firms and energy companies won't go out of business in 2009. In fact, they might even thrive once the economy gets past the current mess. These riskier picks could offer high rewards. You can also view SmartMoney 2008 recommendations at: http://www.gainerstoday.com/investor/SmartMoney-2008
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2008 4:00 PM Buy
None
13.11
as of 12/24/2008
1 Week down  -0.07 %
1 Month up  6.33 %
3 Months   
1 YTD up  6.33 %

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