3 Mortgage Stocks to Buy Now

RDN, HBCP, WSFS improve in weekly rankings

   
3 Mortgage Stocks to Buy Now

The grades of three Mortgage stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

Radian Group’s (NYSE:RDN) grade is moving up to a B (“buy”) this week from last week’s C (“hold”). Radian Group 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. Shares of RDN have increased 24% over the past month, better than the 7.2% 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) improves from a C to a B rating this week. Home Bancorp is a federally chartered mutual savings bank. For more information, get Portfolio Grader’s complete analysis of HBCP stock.

This week, WSFS Financial’s (NASDAQ:WSFS) ratings are up 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. 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/2013/05/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs-8/.

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