7 Mortgage Stocks to Sell Now

The overall ratings of seven mortgage stocks are down on Portfolio Grader this week. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).

This week, Federal Agricultural Mortgage Corporation Class C (AGM) falls to a D (“sell”), worse than last week’s grade of C (“hold”). Federal Agricultural Mortgage is a federally chartered instrumentality, which establishes a secondary market for agricultural real estate. In Portfolio Grader’s specific subcategory of Earnings Surprise, AGM also gets an F. To get an in-depth look at AGM, get Portfolio Grader’s complete analysis of AGM stock.

OceanFirst Financial (OCFC) earns a D this week, falling from last week’s grade of C. 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. For more information, get Portfolio Grader’s complete analysis of OCFC stock.

Stonegate Mortgage Corporation’s (SGM) rating falls this week to an F (“strong sell”), down from last week’s D (“sell”). In Earnings Growth, Earnings Revisions, Earnings Surprise and Margin Growth the stock gets F’s. To get an in-depth look at SGM, get Portfolio Grader’s complete analysis of SGM stock.

The rating of Flagstar Bancorp, Inc. (FBC) declines this week from a D to an F. Flagstar Bancorp operates as a holding company that attracts deposits from the general public and originates or acquires residential mortgage loans. The stock rates an F in Earnings Growth, Earnings Momentum and Earnings Revisions. Earnings Surprise, Equity and Sales Growth also get F’s. For more information, get Portfolio Grader’s complete analysis of FBC stock.

Oritani Financial (ORIT) earns a D this week, moving down from last week’s grade of C. Oritani Financial attracts deposits, originates various loans, and invests in securities. To get an in-depth look at ORIT, get Portfolio Grader’s complete analysis of ORIT stock.

TrustCo Bank Corp NY (TRST) gets weaker ratings this week as last week’s C drops to a D. TrustCo Bank provides personal and business banking services to individuals, partnerships, and corporations. For more information, get Portfolio Grader’s complete analysis of TRST stock.

The rating of Provident Financial Services, Inc. (PFS) slips from a C to a D. Provident Financial Services provides banking services to individuals, families, and businesses in New Jersey. To get an in-depth look at PFS, get Portfolio Grader’s complete analysis of PFS 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/2015/01/7-mortgage-stocks-to-sell-now-agm-ocfc-sgm/.

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