Which REIT is a Better Buy? -Breaking
For steady income, investors should pay attention to REITs MFA Financial (NYSE 🙂 and Annaly Capital Management(NYSE :). There are growing worries about rising inflation and the resurgence COVID-19 case cases. Which of these stocks are a better investment? You can read more about MFA Financial, Inc., a US-based real estate trust. This company is an investor in residential mortgage assets and whole residential loans. It also owns mortgage servicing rights. Annaly Capital Management, Inc., (NLY), on the other hand, is a diversified capital manager that invests and finances commercial and residential assets. It invests in a variety of non-agency residential and agency mortgage assets as well as residential mortgage loans.
Stock market pressure is likely to continue in the short term, with many parts of the globe experiencing a rise in COVID-19-related cases as well rising concern over Omicron virus transmission. Investors could look to REIT stocks as a way to protect their portfolios from market volatility and provide a steady stream of income. Both MFA as well as NLY could rise.
MFA gained 9.7% in the nine-months, while NLY only returned 0.5%. Also, MFA’s 14.8% gain over the past year is significantly higher than NLY’s 2.3% return. Moreover, MFA is the clear winner with a 13.4% gain versus NLY’s negative return in terms of year-to-date performance.
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