Replies to post #126758 on Savvy Trades and Investments

[researcher59]

RITM (10.90) Mortgage REITs have been weak the past 5 weeks, but it just looks like sector rotation and a buying opportunity. I started adding to my position in RITM yesterday and will be accumulating on further weakness.

[SSKILLZ1]

RITM (Updated View after latest earnings report.)

A REIT

My View on RITM remain largely unchanged as well. after a solid .54 quarter where book value rose to $12.83 from $12.71. And a management team that seems hyper focused on not only continuing to grow there respective segments of business, but trying to unlock a better valuation as they clearly feel RITM is trading at a discount to peers in various segments, in fact they even had it on one of there slides in there presentation of how they trade at a deep discount to what they feel intrinsic value is. In the meantime You continue get a 9%+ dividend, always a plus getting a nice return while you wait. Obviously I will continue to hold RITM, and buy more on weakness. All is just my opinion, and I could always be wrong though.