Opinions
The Weekly Buzzing Stocks by Billy Kawasaki
New Residential Investment Corp.
NRZ-N
TOP PICK
Dec 16, 2021
Stockchase research editor Michael O'Reilly reiterated it as a top pick twice in the past year. Social media mentions are up 1800% for the past 24h.
$10.900
Stock price when the opinion was issued
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
NRZ has recently gone through a major transformation as a result of the pandemic and it has reduced the risk of the company dramatically by moving into only government secured mortgages. They completely exited all non-qualified mortgages. The company currently trades at 47% of book value. It has a good yield with only an 18% payout ratio. We see upside of over 60% and would trade this with a stop-loss of $6.50. Yield 5.06% (Analysts’ price target is $12.40)
Financial Services
PAST TOP PICK
TOP PICK
Stockchase Research Editor: Michael O'Reilly Following its recent acquisition, this $4.9b REIT is again reiterated as a TOP PICK. This will place the company in an even more diversified portfolio that will be well positioned to weather various interest rate trends. It trades at a 8x earnings, compared to peers at 11x and is valued just under book value. Last earnings beat analyst expectations by 25% and the company is managing a ROE over 13%. It pays a sizable dividend, backed by a payout ratio under 75% of cash flow. We continue to recommend a tight stop at $10.00, looking to achieve $12.75 -- upside potential of 18%. Yield 9.65% (Analysts’ price target is $12.72)
Financial Services
PAST TOP PICK
(A Top Pick Feb 01/22, Down 6.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with NRZ has triggered its stop at $10. To remain disciplined, we recommend covering the position at this time. This will result in a net investment gain of 26%, when combined with the previous buy recommendation.
Financial Services
Advertising