Prediction: AGNC Investment Will Outperform the Market Over the Next Year
Lower interest rates and tighter spread could propel the stock much higher.From June 2021 until the start of this year, AGNC Investment (AGNC 0.49%) had seen its stock decline steadily. This year, AGNC's stock price is up a modest 5%.So why would anyone predict that this perpetual underperformer will outperform the market over the next year? Let's delve into why I think AGNC's total return will outperform the market over the next year. But first, let's also look at why it has been underperforming the market ...