Pile Out Before It's Too Late
Annaly Capital (NLY) is a real "hot-button" stock whenever someone criticizes owning it. Why? In Fed chief Ben Bernanke's zero interest rate policy (ZIRP) world, many people are desperate to find high-yielding vehicles that can provide income to live on, and Annaly certainly seems to fit the bill here.
Briefly, Annaly makes its profits by owning and managing mortgage pass-through certificates, collateralized mortgage obligations (CMOs) and other mortgage-related assets....679 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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