AGNC Investment: The Cycle Has Shifted
AGNCAGNC(AGNC) Seeking Alpha·2024-01-26 16:52
  • .‘" —— [ > ——— | = ll‘ v | coldsnowstorm I upgraded AGNC Investment (NASDAQ:AGNC) back in June, saying that with the Fed tightening cycle likely coming to an end now was the time to start accumulating shares. Including dividends, the stock has generated an over 5% return since then. Let's catch up on the name after its recent earnings report. Company Profile As a refresher, AGNC is mortgage REIT that primarily derives its income from the spread between the interest it earns on the mortgage-backed securiti ...