Fannie Mae put on an elaborate show for investors last week, and all indications are that it was a smash hit.

The company holds a daylong meeting for securities analysts and money managers every two years. By an accident of timing, last week's renewal came when Fannie's investors needed some encouragement. The stock has been languishing closer to its 12-month low than to its high recently.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.