Advertisement
Australia markets close in 2 hours 5 minutes

  • ALL ORDS

    7,848.10
    -89.40 (-1.13%)
     

  • ASX 200

    7,586.80
    -96.20 (-1.25%)
     

  • AUD/USD

    0.6523
    -0.0000 (-0.01%)
     

  • OIL

    83.82
    +0.25 (+0.30%)
     

  • GOLD

    2,346.20
    +3.70 (+0.16%)
     

  • Bitcoin AUD

    98,659.88
    +97.44 (+0.10%)
     

  • CMC Crypto 200

    1,390.31
    +7.73 (+0.56%)
     

  • AUD/EUR

    0.6082
    +0.0009 (+0.14%)
     

  • AUD/NZD

    1.0952
    -0.0006 (-0.05%)
     

  • NZX 50

    11,822.79
    -123.64 (-1.03%)
     

  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     

  • FTSE

    8,078.86
    +38.48 (+0.48%)
     

  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     

  • DAX

    17,917.28
    -171.42 (-0.95%)
     

  • Hang Seng

    17,606.44
    +321.90 (+1.86%)
     

  • NIKKEI 225

    37,898.75
    +270.27 (+0.72%)
     

Better Buy: AGNC Investment or Annaly Capital?

Brent Nyitray, CFA, The Motley Fool
·5-min read
Better Buy: AGNC Investment or Annaly Capital?

After being shunned for most of 2022, the mortgage real estate investment trust (REIT) sector regained some popularity as investors sensed the Federal Reserve's tightening cycle is wrapping up, which will remove a major headwind for the sector. The two biggest mortgage REITs, AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY), have mounted quite the rally over the past several months. The idea is that rental income will cover the interest costs on the debt the REIT used to finance the property.

Continue reading