Resource Capital Corp, RSO, has reached highs going over 100% of its value in just one week.  The company runs a steady and conservative portfolio of commercial real estate loans that were most likely made during the late 1990s and early 2000s.  Only one single condo loan deal has been a default.  The others have been doing quite well.  It was at an all-time low on March 3, 2008 at $1.43.  Right now, it is at $3.87.  The company has a well established management team including  Jonathan Cohen and Leon Cooperman who have many years of real estate experience.

The recent $1 trillion dollar bailout was a huge stimulus to their stock price this week.  It started on monday moving from less than $2 to almost doubling which I would like to see by the end of this week.  President Obama’s $1 trillion bailout will secure all the mortgage securities making sure that these loans are paid off and the money keeps rolling in.  The dividend yield was set to be $0.30 per share for the upcoming quarter.  If you multiply that by 4, you get a yearly dividend of $1.20 almost 1/3 of the share value.  As a long-term stock, this will reap you many years of rewards.  Put it in your Roth IRA and just collect easy money.