The YouTuber recommends BXMT for its high dividend yield and its ability to perform well despite challenges in the mortgage REIT sector. The company is well-capitalized with the backing of Blackstone, has a diversified loan portfolio, and its dividend is fully covered by earnings. It trades at a relatively cheap 1.1 times book value.
“Blackstone mortgage though is well capitalized and has the liquidity of a giant investment powerhouse behind it... This is a great one to consider if you're looking for those higher yields but are worried about some of the weaker players in that mortgage reit space.”