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RDN - Buy MGIC Or Are Investors Right That You Could Lose Your House?
June, 15 2022 07:21 AM
Radian Group Inc.
Private mortgage insurer MGIC remains one very cheap stock. Below a 6 P/E, 80% of projected year-end '22 book value. Investor concerns presumably remain about a possible surge in mortgage defaults. Yet MGIC's average insured is in terrific shape, with a job, loads of home equity and a cheap mortgage. And homeownership remains Americans' primary goal. For further details see:
Buy MGIC, Or Are Investors Right That You Could Lose Your House?
Stock Information
Company Name:
Radian Group Inc.
Stock Symbol:
RDN
Market:
NYSE
Website:
radian.com
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