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NLY - AGNC Investment: A Coiled Spring Before Rates Come Down (Upgrade)
Annaly Capital Management Inc
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....