2 Stocks for the Rest of 2013 and Beyond
2013 has undoubtedly been a great year for stocks, but not every stock is surging. In this segment from The Motley Fool's everything-financials show, Where the Money Is, analysts David Hanson and Matt Koppenheffer look at a handful of stocks lagging the broader market. Matt gives his take on Two Harbors , Annaly Capital Management , Chimera , and Prospect Capital .
Among the laggards, David tells viewers why he thinks American Tower is poised for strong returns going forward. American Tower, which leases antenna space on nearly 55,000 cell sites to wireless service providers, benefits from pricey switching costs that tend to keep tenants renewing at 98% to 99% annually. And nearly four out of five of its current leases don't renew for nine years or more.
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The article 2 Stocks for the Rest of 2013 and Beyond originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase, Annaly Capital Management, and Markel. Matt Koppenheffer owns shares of Aflac, Bank of America, JPMorgan Chase, and Markel. The Motley Fool recommends Aflac, American Tower, Bank of America, and Markel. The Motley Fool owns shares of American Tower, Bank of America, JPMorgan Chase, and Markel and has the following options: short November 2013 $72 puts on American Tower. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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