10 Mortgage Stocks to Buy Now

Advertisement

The grades of 10 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.

Provident Financial Services (NYSE:PFS) ups its rating to a B (“buy”) this week after earning a C (“hold”) in the week before. Provident Financial Services is a bank holding company. For more information, get Portfolio Grader’s complete analysis of PFS stock.

Meridian Interstate Bancor (NASDAQ:EBSB) shows solid improvement this week. The company’s rating rises from a C to a B. Meridian Interstate Bancorp is the holding company for East Boston Savings Bank. The price of EBSB has increased 0.1% from a month ago. 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 EBSB stock.

OceanFirst Financial (NASDAQ:OCFC) is seeing ratings go up from a C last week to a B this week. Oceanfirst Financial is a federally-chartered stock savings bank that provides primarily single family residential mortgage loans and invests in mortgage-backed and other securities. Shares of the company are up 2.1% from a month prior. For more information, get Portfolio Grader’s complete analysis of OCFC stock.

First Defiance Financial (NASDAQ:FDEF) boosts its rating from a C to a B this week. First Defiance Financial is the holding company for First Federal Bank of the Midwest and First Insurance and Investments. Shares of the stock have been changing hands at an unusually rapid pace, three times the rate of the week prior. For more information, get Portfolio Grader’s complete analysis of FDEF stock.

This is a strong week for Oritani Financial (NASDAQ:ORIT). The company’s rating climbs to B from the previous week’s C. Oritani Financial attracts deposits, originates various loans, and invests in securities. Shares of the stock have been trading at an exceptionally rapid pace, up twofold from the week prior. For more information, get Portfolio Grader’s complete analysis of ORIT stock.

This week, Dime Community Bancshares (NASDAQ:DCOM) pushes up from a C to a B rating. Dime Community is a unitary savings and loan holding company, whose main business is the operation of the bank. For more information, get Portfolio Grader’s complete analysis of DCOM stock.

Waterstone Financial (NASDAQ:WSBF) is progressing from last week’s rating of B (“buy”) as the company improves to an A (“strong buy”) this week. Waterstone Financial operates as the holding company for WaterStone Bank that provides various banking services. Shares of WSBF have increased 25% over the past month, better than the 5.2% increase 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 WSBF stock.

The rating of ViewPoint Financial Group (NASDAQ:VPFG) moves up this week, rising from a B to an A. ViewPoint Financial is a holding company for ViewPoint Bank, which provides financial services in the Dallas/Fort Worth area. Since last month, the price of VPFG has risen 4.1%. For more information, get Portfolio Grader’s complete analysis of VPFG stock.

Tree.com (NASDAQ:TREE) improves from a B to an A rating this week. Tree.com operates a lending business and a real estate business. Wall Street seems to agree with the upgrade and has propelled the stock up 21.7% over the past month. The stock currently has a trailing PE Ratio of 2.5. For more information, get Portfolio Grader’s complete analysis of TREE stock.

Rockville Financial (NASDAQ:RCKB) shows solid improvement this week. The company’s rating rises from a B to an A. Rockville Financial provides banking products and services, such as loans, to business organizations and individuals. Shares of the company are up 0.1% from a month ago. For more information, get Portfolio Grader’s complete analysis of RCKB 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/2012/08/10-mortgage-stocks-to-buy-now-pfs-ebsb-ocfc/.

©2024 InvestorPlace Media, LLC