<< Read Full Article

Subprimal Fears Signal a Time to Buy

Stock quotes in this article: AHM , C , CGMFX , MER , MS , GS , IYF  

Jim Ackor is scratching his head.

Ackor is an analyst for RBC Capital Markets, and the cause of his bemusement is the share price and dividend yield of a conservatively managed company he follows closely: American Home Mortgage (AHM Quote).

Thanks to the panic over subprime mortgages in the past few weeks, any stock even associated with the mortgage business has seen its price bludgeoned.

In the case of American Home, the panic's knocked it a third in a month to just $25.10 at the market close on Friday. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,464.40 1,110.63 2,176.05 32.79
Oil *
77.05
UP
30.69
UP
4.98
UP
6.87
DOWN
0.38
10 Yr
3.28%
SPDR Gold
116.62
+0.29%
+0.45%
+0.32%
-1.15%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services