3 Mortgage Stocks to Buy Now

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This week, three mortgage stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).

This week, Radian Group (RDN) is showing significant improvement as the company’s rating hops from a C (“hold”) to a B (“buy”). 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. After three consecutive days of gains, the stock price has reached $13.93. For more information, get Portfolio Grader’s complete analysis of RDN stock.

Home Bancorp, Inc. (HBCP) gets a higher grade this week, advancing from a C last week to a B. Home Bancorp is a federally chartered mutual savings bank. Shares of the stock have been changing hands at an unusually rapid pace, up 577.6% from the week prior. For more information, get Portfolio Grader’s complete analysis of HBCP stock.

WSFS Financial Corporation (WSFS) earns a B this week, jumping up from last week’s grade of 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 6.8% over the past month, better than the 1.3% decrease the Nasdaq has seen over the same period of time. Shares of the stock have been changing hands at an unusually rapid pace, twice the rate of the week prior. 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/2013/12/3-mortgage-stocks-to-buy-now-rdn-hbcp-wsfs-31/.

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