5 ‘No Taper’ Breakout Stocks to Buy

REITs and commodity plays among stocks getting a Fed tailwind

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Invesco Mortgage Capital

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Long-term interest rates dropped hard in the wake of the Fed decision, sending mortgage REITs on the move on both a play for yield as well as hopes that some rate relief will bolster the housing market. The housing market had suffered as the yield on 10-year Treasury bonds had climbed from 1.7% in May to near 3% recently.

As a result, Invesco Mortgage Capital (IVR) looks ready for a push to at least its 200-day moving average.

Article printed from InvestorPlace Media, http://investorplace.com/2013/09/5-no-taper-breakout-stocks-to-buy/.

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