Orchid Island Capital Inc. (ORC)

[Gixene]

alexander77, well I haven't bought a position in the REIT industry yet. I need to wait for Bank of America (BAC) to reach its target exit price that I set. Until then I'm doing due diligence. I'm deciding to either buy a stock in the financial or the basic resources sector. I'm a value investor, so I would learn towards a value REIT if I do choose to invest in the REIT industry. Just a few or so value stocks in the REIT industry that catch my eyes are below.

Annaly Capital Management (NLY)
American Capital Agency Corp. (AGNC)
ARMOUR Residential REIT, Inc. (ARR)
CYS Investments Inc (CYS)
Hatteras Financial Corp. (HTS)

These are the top 5 I found after doing a quick screen of what I look for when looking for a value stock. It's important to note that I have not done any due diligence on these stocks. I simply look for stocks undervalued by at least 30% based on BVSP. Then I look for those with the largest volume.

I however look deeper into many things which I have not done yet. This list could change, and it could be that these companies don't meet the criteria I use.