3 Mortgage Stocks to Buy Now

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

Radian Group (NYSE:RDN) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. 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. For more information, get Portfolio Grader’s complete analysis of RDN stock.

The rating of Home Bancorp, Inc. (NASDAQ:HBCP) moves up this week, rising from a C to a B. Home Bancorp is a federally chartered mutual savings bank. 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 HBCP stock.

This is a strong week for WSFS Financial Corporation (NASDAQ:WSFS). The company’s rating climbs to B from the previous week’s C. 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, https://investorplace.com/2013/09/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs-21/.

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