- The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic.
- There are still a few mortgage REITs trading at favorable discounts with some upside built in. There aren't many, so buying blindly is an exceptionally poor plan.
- NRZ’s recent activity may have scared off a few investors, but that dip created opportunity. A 7.7% dividend yield with room to rally.
- Shares are still within our target range and we recently increased our allocation at $10.22 to take advantage of the dip.
For further details see:
Our Latest 7.7% Dividend Yield Buy