Friday, May 25, 2012

Friday Afternoon


NSM
Nationstar Mortgage Holdings Inc. has been featured in IBD more than once in the past couple of weeks.  It had its IPO in March so you are looking at all of the trading.   They do not yet pay a dividend and maybe they won't ever pay one.  The stock is rated highly by IBD and the chart looks good to me.  They have options but not nearly enough liquidity for me to be interested.

While I would not recommend buying anything in advance of a 3-day weekend with all of the headline risk from Europe this one could be at a good buy point on Tuesday.