Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
When Rithm Capital announced its 2024 fourth-quarter results, the CEO, Michael Nierenberg, hinted at changing the company’s capital structure, dropping its REIT status.
