Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

1 REIT Stock to Buy Right Now

TheMotleyFool

0 0

This year has been tough for mortgage real estate investment trusts. The stocks were buffeted by volatility in the bond market during the early days of the coronavirus crisis, and the Federal Reserve had to step in and begin buying mortgage-backed securities. That provided a calming influence, and the market began to recover. Still, every mortgage REIT was forced to cut its dividend amid declines in book value per share. One of the better-performing stocks during this period was Annaly Capital Management (NYSE: NLY), and I think it's still a buy today.

Image source: Getty Images.

Source Fool.com

Like: 0

NLY

Share