Is This A Good Time to Buy NLY (Not For Typical Reasons)? – ValueWalk Premium

Is This A Good Time to Buy NLY (Not For Typical Reasons)?

By thelongshorttrader What did NOT got me interested (i.e. the usual bulls’ spew):

  • It’s cheap on a __ and __ basis.
  • Dividend yield is ___.

What got me interested:

  • Yesterday’s announced dividend cut  appears to have been less worse than the street expected (or was it?).
  • NLY shares are down ~30% in 2013 (counterpoint: down does not mean cheap, nor does . . .

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