3 Mortgage Stocks to Buy Now

RDN, HBCP, WSFS 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”).

Radian Group (NYSE:RDN) is bettering its rating of C (“hold”) from last week to a B (“buy”) 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. In Portfolio Grader’s specific subcategory of Earnings Revisions, RDN also gets an A. For more information, get Portfolio Grader’s complete analysis of RDN stock.

This week, Home Bancorp (NASDAQ:HBCP) pushes up from a C to a B rating. 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. The stock price has risen 5.5% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. 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/2013/07/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs-11/.

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