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Pennymac Mortgag has the Best Relative Performance in the Mortgage REITs Industry (PMT , CMO , NYMT , LADR , RWT )

By James Quinn

Below are the top five companies in the Mortgage REITs industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Pennymac Mortgag (NYSE:PMT ) ranks first with a gain of 0.71%; Capstead Mortgag (NYSE:CMO ) ranks second with a gain of 0.68%; and New York Mtge (NASDAQ:NYMT ) ranks third with a gain of 0.49%.

Ladder Capital (NYSE:LADR ) follows with a gain of 0.47% and Redwood Trust (NYSE:RWT ) rounds out the top five with a gain of 0.43%.

SmarTrend recommended that subscribers consider buying shares of Pennymac Mortgag on February 13th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $16.78. Since that recommendation, shares of Pennymac Mortgag have risen 9.4%. We continue to monitor Pennymac Mortgag for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance pennymac mortgag capstead mortgag new york mtge ladder capital redwood trust