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Cypress Sharpridge Has Sweet Surprises in Store PDF Print E-mail
Tuesday, 29 September 2009 07:21
Patrick Harden submits:

Have you missed the awesome run in agency-backed mortgage REITs? There may still be time to get in on the great returns by picking a sleeper stock that is poised to break out.

Cypress Sharpridge Investments, Inc. (CYS) is a recent entrant to the mortgage REIT world. The Company, which primarily invests in agency residential mortgage-backed securities, came public in June 2009, raising $100 million by offering 9.1 million shares at $11.00, the low end of the proposed $11.00 to $13.00 range.


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