CYS

I am putting a strong buy recommendation on Cypress Sharpridge Investments (CYS), at its current price of around 12.65. CYS's share price has recently been knocked down after having just gone ex-dividend (at a whopping $.60), and then having announced a secondary of 12 million shares at 12.46.

CYS is a an MREIT, that at these prices, is paying out over 19 % in dividends. The two ways to play CYS is to A. continually buy post the ex-dividend and then to sell prior to the next ex-dividend, and then rinse and repeat, OR B. buy after it goes ex-dividend and hold for the long haul.

At the moment I am using the latter strategy (CYS is about 6 % of my portfolio). So long as the Fed keeps rates low, MREITs will be in the proverbial sweet spot.