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Why Annaly Capital Management Is 1 Stock I'd Avoid in 2023

Why Annaly Capital Management Is 1 Stock I'd Avoid in 2023

Thanks to its super alluring yield of more than 15%, Annaly Capital Management (NYSE: NLY) is one of the most popular mortgage real estate investment trusts (mREITs) on the market today. Rising interest rates increased the cost of borrowing, hurting mREITs' earnings and asset values. Assessing a company's growth opportunities and potential risks before buying is an incredibly important part of successful investing.