Two Harbors Plunges 10.9% in a Month: Should You Buy the Dip?

Two Harbors Investment Corp. (TWO) shares lost 10.9% in a month compared with the industry’s decline of 2.8%. The stock also underperformed its peers AGNC Investment (AGNC) and Annaly Capital Management (NLY) .Price Performance Image Source: Zacks Investment ResearchTWO is a Real Estate Investment Trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS) and mortgage loans. The company offers favorable long-term stockholder returns with a huge dividend ...