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Redwood Trust has the Best Relative Performance in the Mortgage REITs Industry (RWT , PMT , NYMT , STWD , TWO )

By Nick Russo

We looked at the Mortgage REITs industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Redwood Trust (NYSE:RWT ) ranks first with a loss of 1.00%; Pennymac Mortgag (NYSE:PMT ) ranks second with a loss of 1.19%; and New York Mtge (NASDAQ:NYMT ) ranks third with a loss of 1.44%.

Starwood Propert (NYSE:STWD ) follows with a loss of 1.79% and Two Harbors Inve (NYSE:TWO ) rounds out the top five with a loss of 1.95%.

SmarTrend recommended that subscribers consider buying shares of Starwood Propert on January 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $20.91. Since that recommendation, shares of Starwood Propert have risen 12.3%. We continue to monitor Starwood Propert for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance redwood trust pennymac mortgag new york mtge starwood propert two harbors inve