Abercrombie pops on reports that American Eagle is working on a buyout bid >>> READ MORE

3 Mortgage Stocks to Buy Now

HBCP, WSFS, RDN improve in weekly rankings


Three Mortgage stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

Home Bancorp’s (NASDAQ:HBCP) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). 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) improves from a C to a B rating this week. 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. 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. Shares of RDN have increased 24% over the past month, better than the 2.7% increase the S&P 500 has seen over the same period of time. 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/2013/03/3-mortgage-stocks-to-buy-now-hbcp-wsfs-rdn-5/.

©2017 InvestorPlace Media, LLC