AGNC (American Capital Agency Corp.) has been an Active Growth & Income (long-term) Trade idea since Dec 9, 2013. After quickly reaching T1 for a quick 8.5% total return (with dividends), the stock went on to come within 2% of reaching the second & final target (T2) and has traded sideways since. With the stock price currently up about 12.7% from entry PLUS over 14% in dividends paid out since entry, the cumulative return on this trade is north of 27%. Due to the unclear technical posture of the chart, this trade will now be considered completed in order to make room for new Growth & Income trade idea with better risk-reward profiles.
The Growth & Income Trade category was a new category of trade ideas added back in the fall of 2013. Growth & Income Trades are longer-term swing trade or investment candidates expected to generate an above average dividend yield as well as capital appreciation. Growth & Income Trades are a sub-category of the Long-Term Trades category. My intention is to expand the number of Growth & Income Trade ideas in 2015, including variable/adjustable rate instruments, which have the ability to increase dividend payments inline with rising interest rates.
As always, the previous notes & charts on this or any other trade idea can be quickly reference by clicking on the “Tagged with: (symbol)” found in the lower right-hand corner of each associated post. The “Select Ticker” drop-down box located on the sidebar of the home page will also bring up all posts associated with a particular ticker symbol.