Fannie Mae common shares may be a good long-term play

The debate over Fannie Mae‘s and Freddie Mac’s common shares continues with analyst Dick Bove of Odeon Capital downgrading them to Sell. Meanwhile, Tim Pagliara of CapWealth Advisors said Fannie Mae and Freddie Mac common shares should do “very, very well” in the long term.Q2 2020 hedge fund letters, conferences and moreBove’s problem with Fannie Mae and Freddie Mac common sharesIn a note today, Bove reiterated his stance on the common and preferred shares of Fannie Mae and Freddie Mac. He argued that the value of the common shares will be determined by lawmakers, while the value of the prefer…

Read More

HEDGE accordingly