When it comes to double-digit returns, it's hard to beat the mortgage REIT sector, particularly since Federal Reserve actions since the financial crisis have kept short-term interest rates at historic lows. The shining example of this type of real estate investment trust is Annaly Capital (NYSE: NLY ) , the original investor in mortgage-backed securities insured by government sponsored entities such as Fannie Mae and Freddie Mac.
Annaly has built its reputation on stellar yields produced by a savvy management team, building the business from its inception in 1997 to a company with a market capitalization of $15 billion and assets topping $133 billion. But there's a relative newcomer that seems intent on knocking Annaly off of its throne: American Capital Agency (NASDAQ: AGNC ) .
Hot Financial Stocks To Watch Right Now: Lon.fin & Inv Grp(LFI.L)
London Finance & Investment Group PLC, together with its subsidiaries, operates as an investment finance and management company. It primarily invests in smaller U.K. quoted companies, which are balanced by a general portfolio that consists of investments in U.K. and European equities. The general portfolio includes interest in food and beverage, oil, natural resources, chemicals, and tobacco sectors. The firm is based in London, the United Kingdom.
Hot Financial Stocks To Watch Right Now: New Hampshire Thrift Bancshares Inc.(NHTB)
New Hampshire Thrift Bancshares, Inc. operates as the holding company for Lake Sunapee Bank, fsb that provides banking and other financial services in New Hampshire and Vermont. The company accepts various deposit products, including business checking, money market accounts, savings, negotiable order of withdrawal, and certificate accounts. Its loan portfolio comprises real estate loans, real estate construction loans, consumer loans, commercial loans, and municipal loans. The company also sells brokerage, securities, and insurance products. It operates 28 branches in Grafton, Hillsborough, Sullivan, Chester, and Merrimack counties in west central New Hampshire; and in Rutland and Windsor counties in Vermont. The company was founded in 1868 and is headquartered in Newport, New Hampshire.
5 Best Dividend Stocks To Watch Right Now: F.B.D.HLDGS ORD EUR0.60(FBH.L)
FBD Holdings plc, through its subsidiaries, primarily engages in general insurance underwriting business in Ireland and other countries in European Union. It offers various business insurance products, including shop insurance; pub insurance; office based professional insurance; manufacturers, distribution, and wholesale insurance; and restaurant, cafe, and takeaway insurance. The company also offers other business insurance products for property, business interruption, employer?s liability, public liability, products liability, money, and deterioration of food to small and medium enterprises; property insurance for commercial and private lets; medical surgery insurance; insurance for hotels, guest houses, and B&B?s; and self build insurance, as well as commercial vehicle insurance, motor fleet insurance, personal car insurance, farm insurance, and home insurance. In addition, it provides various personal finance solutions, including general insurance broking, life assur ance/pension products, broking/investment advice, installment finance, mortgage protection quotes, life and serious illness cover products, mortgage advices, and income protection solutions, as well as other financial solutions for businesses. Further, the company holds interests in various hotel and leisure properties comprising the La Cala and Sunset Beach Resorts in Spain, as well as in the FBD Hotels in Ireland. FBD Holdings plc was incorporated in 1988 and is based in Dublin, Ireland.
Hot Financial Stocks To Watch Right Now: J P Morgan Chase & Co(JPM)
JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. Its Investment Bank segment provides various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage, and research services serving corporations, financial institutions, governments, and institutional investors. The company?s Commercial Banking segment provides lending, treasury, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. Its Treasury & Securities Services segment offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. It also holds, values, clears, and services securities, cash, and alternative investments for investors and broker-dealers, and manages depositary receipt programs worldwide. JPMorgan?s Asset Management segment provides investment and wealth management to institutions, retail investors, and high-net-worth individuals. This segment offers investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, as well as trust and estate, banking and brokerage services, and retirement services. Its Retail Financial Services segment offers retail banking and consumer lending services that include checking and savings accounts, mortgages, home equity and business loans, and investments through ATMs, online banking, and telephone banking, as well as auto dealerships and school financial-aid offices. The company?s Card Services segment issues credit cards and processes various credit card payments. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.
Advisors' Opinion:- [By Roger]
This leading global financial company operates in more than 50 countries.?Its strong balance sheet and competitive position place the stock on the buy list of almost all of the major banking analysts despite the pullback in the banking sector — it is the premier big bank on their list.?Technically JPMorgan Chase (NYSE:JPM) retreated to its major support zone at $39 to $41 after making a high at over $48 in February.
The stock’s stochastic is telling us that it is oversold, and the stock had a reversal day late last month that could provide a short-term trade to $43.?Fundamental analysts have an average target of $58 within 12 months, but technically we’d be pleased with a move back to its high of $47-plus by the end of this year. The annual dividend is $1.00 providing a yield of 2.51%.
- [By Putnam]
JPMorgan Chase & Co. (NYSE:JPM): On 3/31/11 Viking Global Investors reported holding 10,114,100 shares with a market value of $466,259,995. This comprised 4.02% of the total portfolio. On 6/30/11, Viking Global Investors held 9,539,400 shares with a market value of $390,543,023. This comprised 3.27% of the total portfolio. The net change in shares for this position over the two quarters is -574,700. About the company: JPMorgan Chase & Co. provides global financial services and retail banking.? The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance.? JP Morgan Chase serves business enterprises, institutions, and individuals.
- [By Kathy Kristof]
Shares of JPMorgan Chase (JPM) continue to be held back by a London trading debacle that cost the bank a whopping $6.2 billion, says analyst Erik Oja, of S&P Capital IQ. Although a congressional report was highly critical of the company's leadership, including chairman and CEO Jamie Dimon, Oja considers JPMorgan to be among the nation's best-managed banks. "It is still one of the top investment banks in the world and is likely to have good growth," he says. At $47.49, the stock sells for 8.7 times estimated 2013 earnings of $5.48 per share. Oja considers JPMorgan a bargain and thinks it will hit $55 in a year. The stock, incidentally, yields an above-average 3.2%.
Hot Financial Stocks To Watch Right Now: Somerset Hills Bancorp(SOMH)
Somerset Hills Bancorp operates as the holding company for Somerset Hills Bank, which provides commercial banking products and services primarily in Somerset, Morris, and Union Counties of New Jersey. The company?s deposit product line includes personal and business checking accounts, time deposits, money market accounts, savings accounts, and certificates of deposit. It also offers various loan products comprising commercial, consumer, and mortgage-lending products, as well as residential mortgage products primarily to the small-to-medium sized businesses, high net worth individuals, professional practices, and consumer and retail customers. In addition, the company offers insurance services; securities brokerage and investment advisory services; and title agency services. As of March 31, 2010, it operated six banking offices, including its main office located in Somerset County, four branch offices in Morris County, and one branch office in Union County, New Jersey. The company was founded in 1997 and is based in Bernardsville, New Jersey.
Hot Financial Stocks To Watch Right Now: Firstbank Corporation(FBMI)
Firstbank Corporation, through its subsidiaries, provides commercial banking products and services. It accepts checking, savings, and time deposits. The company also provides commercial, mortgage, agricultural, real estate, real estate mortgage, real estate construction, home improvement, automobile, and consumer loans. In addition, it offers trust, security brokerage, and title insurance services, as well as armored car services. The company operates 53 branch offices in central Michigan. Firstbank Corporation was founded in 1894 and is headquartered in Alma, Michigan.
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