The video below is part of The Motley Fool's "11 O'Clock Stock" series where we recommend a new stock every weekday at 11 a.m. ET on Fool.com over the next 50 weekdays. To see a video of co-founder Tom Gardner explaining the series, click here. To see our original recommendation of Annaly Capital (NYSE: NLY) click here.

Investors are struggling to find companies that can resist or benefit from this tough economy. Fool editor Ilan Moscovitz says a combination of high unemployment and low inflation will keep interest rates low and profits high for Annaly Capital. To hear his full thoughts, watch the video and then read on below:

Annaly Capital is a real estate investment trust (REIT), so it receives favorable tax treatment in exchange for distributing at least 90% of its earnings as dividends. Annaly borrows money on the overnight market, which it uses to buy mortgage-backed securities. Moscovitz likes Annaly because present-day low interest rates are a windfall for this business model – see the massive profits at the trading desks of Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM), and Bank of America (NYSE: BAC). But unlike those companies, Annaly shares its profits with shareholders in the form of a whopping dividend, rather than lavishing it on a huge number of star traders.

While risks such as Fannie Mae and Freddie Mac reform loom on Annaly's horizon, looking at its price-to-book multiple of 1.0, near-the-bottom of the stock's historical range, and its 15.6% dividend yield, Moscovitz thinks Annaly is a good bet today.