Does This Move Make Annaly a Better Buy?

By David Hanson and Matt Koppenheffer – May 24, 2013 at 9:31PM

NYSE: NLY

Annaly Capital Management

Market Cap

$9B

Today's Change

(2.18%) $0.40

Current Price

$18.73

Price as of April 23, 2024, 1:20 p.m. ET

Why Annaly's management team is the best in its industry.

At yesterday's annual Annaly Capital (NLY 2.18%) shareholders meeting, a measure to externalize the company's management was voted upon and passed. In the following video, Motley Fool financial analysts David Hanson and Matt Koppenheffer discuss what this move means for shareholders, and why David thinks it shows that Annaly has one of the best management teams in the mortgage REIT sector today.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.