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 (NYSE:RDN) is bumping up its rating from a C (“hold”) to a B (“buy”) this week. Radian Group operates as a credit enhancement company in the United States. 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, Inc. (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.

WSFS Financial Corporation’s (NASDAQ:WSFS) ratings are looking better this week, moving up to a B from last 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. Shares of WSFS have increased 10.6% 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/2013/11/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs-27/.

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