Why I’d Cut Annaly Capital Managment

By David Hanson and Matt Koppenheffer – Apr 4, 2014 at 7:41AM

NYSE: NLY

Annaly Capital Management

Market Cap

$9B

Today's Change

(1.69%) $0.31

Current Price

$18.64

Price as of April 23, 2024, 4:00 p.m. ET

This is why I'd cut this high-dividend stock.

Back in August, a group of Motley Fool analysts put together a stock draft pick of which financial stocks they would take on their fantasy team, and have tracked the performance of their draft picks ever since. In this segment from Thursday's Where the Money Is, Fool analysts Matt Koppenheffer and David Hanson discuss which company they would cut from their TMFStockDraft13 draft picks, and why they think this company no longer makes the grade. David points to Annaly Capital (NLY 1.69%) and why he would drop this dividend payer, while Matt highlights Capital One (COF 0.44%) as the one he would bench.

David Hanson owns shares of Annaly Capital Management. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool owns shares of Capital One Financial.. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.