3 Mortgage Stocks to Buy Now

HBCP, WSFS, RDN improve in weekly rankings


This week, three Mortgage stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

Home Bancorp (NASDAQ:HBCP) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Home Bancorp is a federally chartered mutual savings bank. In Portfolio Grader’s specific subcategories of Earnings Growth, Cash Flow, and Margin Growth, HBCP also gets A’s. For more information, get Portfolio Grader’s complete analysis of HBCP stock.

WSFS Financial (NASDAQ:WSFS) gets a higher grade this week, advancing from a C last week to a B. WSFS Financial is a savings and loan holding company, which provides residential and commercial real estate, commercial and consumer lending services, as well as retail deposit and cash management services. Shares of WSFS have increased 5.1% over the past month, better than the 1% increase the Nasdaq has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of WSFS stock.

Radian Group (NYSE:RDN) boosts its rating from a C to a B this week. Radian Group Inc. was incorporated in Delaware. The Company, through its subsidiaries and affiliates, provides credit-related insurance coverage and financial services to mortgage lenders and other financial institutions. Investors have pushed the stock price up 16.9% over the past month. For more information, get Portfolio Grader’s complete analysis of RDN 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/2013/02/3-mortgage-stocks-to-buy-now-hbcp-wsfs-rdn/.

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