PRINCETON, N.J., Nov. 3, 2010 /PRNewswire/ -- The Bull Market
Report (BMR) (http://www.bullmarket.com), an online investment
newsletter focused on long-term growth and income-generating
stocks, has provided subscribers with updated coverage of several
mortgage REITs, including Annaly Capital Management (NYSE: NLY),
American Capital Agency (Nasdaq: AGNC), Capstead Mortgage (NYSE:
CMO), Hatteras Financial (NYSE: HTS), and Anworth Mortgage (NYSE:
ANH).
In addition to its daily newsletter and Recommended List of
stocks, BMR publishes six earnings previews each quarter and
several special reports each year. Its annual "High Yield" special
report comes out before the new year, while its MLP special report
comes out mid-year.
As a subscriber, you'll also gain access to our Recommended List
of stocks, which was up 40% in 2009 and also outperformed the
S&P by 15% in 2008. Through the end of October 2010, the Recommended List was once again
beating the S&P, up 15.1% year to date.
Start your 14-day free trial today:
https://www.bullmarket.com/subscribe/pr/?refer=BMR128P
In its daily report, BMR wrote: "When it comes to agency-backed
mortgage REITs, falling rates generally boost the value of their
portfolios, or their book value, which is how the stocks are
typically valued – at a multiple of book value.
"Remember, mortgage REITs basically make their money by buying
mortgages and then leveraging these investments by borrowing
repurchase agreements against them. The difference between the
short-term rate they are paying and the interest they collect from
the mortgages is the interest rate spread. The larger the spread,
the more money they tend to make. In addition, the more leverage
they use, the more money they can earn.
"Why mortgage REITs (ones that invest in agency-backed
securities) are hurt by rate hikes is similar to why a
long-duration bond mutual would fall in price if rates rise. Bond
prices and yields have an inverse relationship. When current yields
rise, prices fall."
BMR looked at the following topics, among others:
-- After mixed Q3 results, which mortgage REITs are BMR's
favorites and why?
-- What problems did Annaly run into in Q3; will they
continue?
-- Is there still time for investors to profit from mortgage
REITs?
-- What characteristics should investors look for in mortgage
REITs at this point in the rate cycle?
About BMR:
Launched in 1997, The Bull Market Report has a strong track
record of creating wealth for its subscribers by providing sound,
long-term investing advice. BMR's Recommended List includes about
50 companies across all major industries, including Financials,
Healthcare, Energy, Technology, and Retail, among others. BMR is
one of the oldest continuously published investment newsletters
online, and its Recommended List has consistently outperformed the
major market indices.
NOTE: This release was published by Indie Research Advisors,
LLC, a registered investment advisor with CRD #131926. Interested
parties may visit adviserinfo.sec.gov for additional information.
Past performance does not guarantee future results. Investors
should always research companies and securities before making any
investments. Nothing herein should be construed as an offer or
solicitation to buy or sell any security.
Contact:
|
|
Indie Research Advisors,
LLC
|
|
Marcie Martin,
+1-888-278-5515
|
|
|
SOURCE Indie Research Advisors, LLC