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Highest Sales Growth in the Mortgage REITs Industry Detected in Shares of Armour Residential REIT (ARR, TWO, AGNC, CXS, IVR)
Nov 09, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Mortgage REITs industry with the highest sales growth. Armour Residential REIT ranks highest with a sales growth of 579.1%. Two Harbors Investment Corp is next with a sales growth of 345.8%. American Capital Agency ranks third highest with a sales growth of 331.1%.
CreXus Investment follows with a sales growth of 231.3%, and Invesco Mortgage Capital rounds out the top five with a sales growth of 96.7%.
SmarTrend recommended that subscribers consider buying shares of Invesco Mortgage Capital on June 19th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $18.76. Since that recommendation, shares of Invesco Mortgage Capital have risen 7.8%. We continue to monitor Invesco Mortgage Capital for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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