Stockchase Opinions

David Burrows AG Mortgage Investment Trust Inc MITT-N SELL Apr 03, 2024

He likes the world of the lender. Must look at the asset base to see where headwinds are. He hasn't participated in the mortgage companies. He'd prefer to stay away from residential real estate right now. Better places to go in financials.

$5.920

Stock price when the opinion was issued

REAL ESTATE
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Mortgage REIT. They borrow on the short end and lend on the long end of the curve. You want to buy them at or below book value. $0.85 on the dollar at present. The stock price reflects the flatness of the yield curve.