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About a week ago we published an article on the Chimera Investment Corporation (CIM) preferred shares. At recent prices, here are our target buy ranges:
Source: The REIT Forum
All of the CIM preferred shares are in our hold range, but CIM-B remains the clear winner. Our buy targets for the preferred shares can be seen in the ‘Buy Under’ column. The most overpriced share is CIM-C, which is $1.90 away from our buy range. However, CIM-B