This is a news story, published by Yahoo Finance, that relates primarily to Donald Fandetti news.
For more Donald Fandetti news, you can click here:
more Donald Fandetti newsFor more interest rates news, you can click here:
more interest rates newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
Federal Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest high dividend yields news, funds rate news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
rate cutTipRanks
•83% Informative
The Federal Reserve slashed the key funds rate by half a percent on September 18 .
The move is projected to relieve some pressure on consumers, potentially leading to lower credit card and mortgage rates.
Wells Fargo analyst Donald Fandetti offers a clear recommendation: consider moving into REITs and specialty finance sectors, which historically perform well in rate-cutting cycles.
Annaly Capital Management is a REIT with a primary focus on residential real estate and mortgage-backed securities.
AGNC Investment is another REIT with a focus on mortgage-backed securities.
AGNC pays out its dividend monthly , at a rate of 12 cents per common share.
96% of the portfolio is invested in 30-year fixed-rate instruments.
The combined upside/dividend return potential on this stock for the year ahead comes to 28% .
VR Score
85
Informative language
83
Neutral language
72
Article tone
semi-formal
Language
English
Language complexity
44
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
5
Source diversity
1
Affiliate links
no affiliate links