Ellington Financial Inc. (NYSE:EFC) is considered one of the best high growth stocks to invest in, with an average price target suggesting an 8% upside and a Street high suggesting a 19% upside. The company reported strong Q3 results, with a GAAP net income of $0.29 per share and adjusted distributable earnings of $0.53 per share. Ellington Financial also announced a monthly dividend of $0.13 per share to be distributed on December 31. CEO Laurence Penn expressed confidence in the company’s future performance during the Q3 earnings call. Ellington Financial is a REIT investing in various credit assets.

Read more at Yahoo Finance: Wall Street Sees a 19% Upside to Ellington Financial (EFC)