Federal Agricultural Mortgage: Stable Earnings Stream With Above-Average Growth Prospects
AGMFederal Agricultural Mortgage (AGM) seekingalpha.com·2024-05-28 13:02

Benoit BACOU/Photononstop via Getty Images I have been recommending Federal Agricultural Mortgage Corporation (NYSE:AGM) (Farmer Mac) stock on Seeking Alpha since 2019. Since my first report, the stock is up 117%. Earnings are up 90%. And results have been outstanding for all three of the key risks for a financial company: Credit risk Interest rate risk Capital, or leverage risk I'm going to quickly review those risks, but then also point out that Farmer Mac has some game in areas that modern investors valu ...