This Cheap Market-Beater Just Got Cheaper

Imagine a stock that’s delivered a 807.79% total return over the past decade, turning a $10,000 investment into $90,793.28.

Even crazier?

This stock trades at an extremely low valuation. In fact, its price to earnings ratio is significantly lower than the S&P 500, and about a third of what investors are paying for other market-beaters like Visa Inc..

So what is this mystery company?

Federal Agricultural Mortgage Corporation ($AGM).

This is a high-yield, high-growth dividend stock that routinely beats the S&P 500. And after its recent sell-off, Federal Agricultural Mortgage Corporation is dirt-cheap.

Here’s what the company does…

Federal Agricultural Mortgage Corporation is a stockholder-owned, federally chartered corporation. And the firm makes U.S. Department of Agriculture loans to farm credit services, community banks, agribusinesses, and rural utility companies.

Basically, this is a bet on the entire U.S. agricultural system.

A fairly safe bet, considering the United States is the world’s second largest agricultural trader — only surpassed by the European Union.

And Federal Agricultural Mortgage Corporation’s fundamentals reflect this.