NEW YORK ( TheStreet) -- Just as the word on the Street says that the Federal Reserve is telling member banks to pick up the pace on lending, we have a chance to buy two companies that are poised to profit from their generosity.To make matters more exciting, one of these companies, Annaly Mortgage (NLY - Get Report) just announced after the markets closed on Tuesday that its board has authorized the real estate investment trust to buy back as much as $1.5 billion worth of its outstanding common stock over a 12-month period.
'TWO' Smart Ways to Participate in the Rental Housing Boom
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.