3 Mortgage Stocks to Buy Now

RDN, HBCP, WSFS improve in weekly rankings


The grades of three 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”).

This week, Radian Group (NYSE:RDN) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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. In Portfolio Grader’s specific subcategory of Earnings Revisions, RDN also gets an A. The stock price has risen 13.7% over the past month, better than the 3.6% 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.

Home Bancorp (NASDAQ:HBCP) boosts its rating from a C to a B this week. Home Bancorp is a federally chartered mutual savings bank. 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.

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/2013/04/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs/.

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