|
Home > IT News & Resources
|
|
|
(CHARTPOPPERS.COM, March 10, 2010 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Fannie Mae (NYSE: FNM)
The Consolidated Investment Analysis on Fannie Mae (NYSE: FNM) will be in particular interest to other competing companys within in its sector, such as Bank of America (NYSE: BAC), JP Morgan Chase ( NYSE: JPM) and Ameircan International Group (NYSE: AIG)
Fannie Mae, a government-sponsored enterprise, provides liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the primary mortgage market into mortgage-backed securities, which are bought and sold in the secondary mortgage market. The company operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets.
Recent News on Fannie Mae (NYSE: FNM)
The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery.
Citigroup Inc (NYSE:C - News) stock rose as much as 8.4 percent after a prominent fund manager said the bank's shares were underpriced. Citi shares closed 7.3 percent higher.
Insurer American International Group Inc (NYSE:AIG - News) rose as much as 19.6 percent before closing 12.6 percent higher at $32.77.
And government-owned mortgage companies Freddie Mac(NYSE:FRE - News) and Fannie Mae (NYSE:FNM - News) were up as much as 18.5 percent and 15 percent, respectively. Freddie Mac closed 7.6 percent higher at $1.28 while Fannie Mae ended 5.9 percent higher at $1.07
"The markets have that emotional resilience of 'Hey, we're one year out of the abyss.' A lot of things have gone up just on the rising tide syndrome," said Ken Grant, a Partner at Waterstone Private Wealth Management in Owasso, Oklahoma.
"It's probably a little more optimistic than rational."
To view the Consolidated Investment Analysis on Fannie Mae (NYSE: FNM) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. Our diligent effort is to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas and penny picks to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com/about/
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
Source: EmailWire.com
|
|
|
|
|
Information Technology Sponsors
|
|
|
|
|
Information Technology (IT) Advertisement
|
|
|
|
|
