When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NRZ - New Residential Still Holds Value Following A Significant Run From Lows
New Residential Investment Corp.
REITs Come Back Strong and Still Have More Room To Go
New Residential (NRZ) along with just about every other REIT has been beaten down due to uncertainty during the COVID-19 pandemic. Up significantly from their $2.91 52-week low, NRZ still trades well below highs and would need another 120% increase to get back to those 52-week highs reached back in February. That may still be a long way off, but historically, the housing market has consistently bounced back from every economic downturn to date. When it seemed all hope was lost in