2024-04-26 04:23:47 ET
Summary
- AGNC Investment Corporation's profit prospects are set to improve despite the resurgence of inflation.
- The stock price has recently bounced off the 200-day moving average line, indicating a bullish trend.
- AGNC Investment has seen the second consecutive quarter of tangible net book value growth, making it an attractive investment.
AGNC Investment Corporation ( AGNC ) is a large mortgage REIT whose profit prospects are set to improve moving forward, ever after the latest inflation numbers were revealed....
Read the full article on Seeking Alpha
For further details see:
AGNC Investment: A Coiled Spring Before Rates Come Down (Upgrade)