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Barchart
Wajeeh Khan

Bill Ackman Is Pounding the Table on Fannie Mae. Should You Buy FNMA Stock Today?

Bill Ackman Fannie Mae FNMA

Federal National Mortgage Association (FNMA) shares pushed meaningfully higher on Monday morning after billionaire investor Bill Ackman declared them “stupidly cheap” in a viral post on X.

Strengthening the bullish sentiment this morning is technical momentum as FNMA vaulted above its 20-day moving average (MA), flipping key trend signals back in favor of the bulls. 

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