Jim Cramer Criticizes Annaly Capital Management

Reported 1 day ago

Jim Cramer has expressed his long-standing opposition to Annaly Capital Management (NYSE:NLY), stating that he is unsure of the company's financial complexities and prefers to invest in growth rather than high-yield stocks. Despite acknowledging some potential in NLY, he continues to refrain from recommending the stock, which has seen a decline of approximately 27% since his last comments.

Source: YAHOO

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