8 Mortgage Stocks to Buy Now

PFS, EBSB, AGM, ORIT, DCOM, CHFN, NFBK, CFFN improve in weekly rankings

   
8 Mortgage Stocks to Buy Now

The grades of eight Mortgage stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Provident Financial Services (NYSE:PFS) is bettering its rating of C (“hold”) from last week to a B (“buy”) this week. Provident Financial Services is a bank holding company. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. The price of PFS is up 1.4% from last month. For more information, get Portfolio Grader’s complete analysis of PFS stock.

Meridian Interstate Bancor (NASDAQ:EBSB) is seeing ratings go up from a C last week to a B this week. Meridian Interstate Bancorp is the holding company for East Boston Savings Bank. For more information, get Portfolio Grader’s complete analysis of EBSB stock.

Federal Agricultural Mortgage Corp. (NYSE:AGM) boosts its rating from a C to a B this week. Federal Agricultural Mortgage is a federally chartered instrumentality, which establishes a secondary market for agricultural real estate. For more information, get Portfolio Grader’s complete analysis of AGM stock.

Oritani Financial (NASDAQ:ORIT) shows solid improvement this week. The company’s rating rises from a C to a B. Oritani Financial attracts deposits, originates various loans, and invests in securities. The price of ORIT is up 3.8% from a month ago. For more information, get Portfolio Grader’s complete analysis of ORIT stock.

This week, Dime Community Bancshares‘s (NASDAQ:DCOM) ratings are up from a C last week to a B. Dime Community is a unitary savings and loan holding company, whose main business is the operation of the bank. For more information, get Portfolio Grader’s complete analysis of DCOM stock.

Charter Financial‘s (NASDAQ:CHFN) ratings are looking better this week, moving up to a B from last week’s C. Charter Financial provides retail and small business customers with a full range of products and services, including a variety of loans and deposit products. The stock price has risen 6.7% over the past month, better than the 4.3% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of CHFN stock.

The rating of Northfield Bancorp (NASDAQ:NFBK) moves up this week, rising from a C to a B. Northfield Bancorp provides banking services mainly to individuals and corporate customers parts of New York and New Jersey. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of NFBK stock.

Capitol Federal Financial (NASDAQ:CFFN) is seeing ratings go up from a C last week to a B this week. Capitol Federal Financial provides retail banking services. Since last month, shares of CFFN are up 1.3%. For more information, get Portfolio Grader’s complete analysis of CFFN stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.


Article printed from InvestorPlace Media, http://investorplace.com/2012/09/8-mortgage-stocks-to-buy-now-pfs-ebsb-agm/.

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