Annaly Capital Management, Inc. – $NLY – Confident Investor Rating: Poor
| Company name | Annaly Capital Management, Inc. |
| Stock ticker | NLY |
| Live stock price | [stckqut]NLY[/stckqut] |
| Confident Investor Rating | Poor |
The following company description is from Google Finance: http://www.google.com/finance?q=nly
Annaly Capital Management, Inc. is a mortgage real estate investment trust (REIT). The Company uses its capital coupled with borrowed funds to invest in real estate related investments, earning the spread between the yield on its assets and the cost of its borrowings. It owns a portfolio of real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations (CMOs), Agency callable debentures, other securities representing interests in or obligations backed by pools of mortgage loans, commercial real estate assets and corporate debt. The Company’s business operations consist of Annaly (the parent company), Annaly Commercial Real Estate Group, Inc. (ACREG), RCap Securities, Inc., Fixed Income Discount Advisory Company (FIDAC), Annaly Middle Market Lending LLC and Shannon Funding LLC.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Annaly Capital Management, Inc. It is not possible to confidently invest in a company that is not currently profitable. I have removed this stock from my Watch List.
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