If you are looking for a company that has braved this entire credit crisis, subprime mortgage deafults, and has stayed afloat, all the while keeping their .36 per share quarterly dividend, then NRF is for you. This stock may go down in the near term, as I type this on April 17, 2008, so I would wait to buy in right now because you will get a better deal just because of selloffs from general financial sector mishaps. This company has been grouped into the subprime mess, mostly by shorts. The fact is, NRF does not really have much subprime if any in its portfolio. It is a commercial REIT. With an EPS of .51, this company is making money and will continue to make money. The insiders were openly buying thousands of shares @ around the $8 to $9 range. They are in this to win this. NRF, stable and safe, lots of potential for stock growth, and guaranteed dividend payouts.
$9.37 (04/17/08)
