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Mgic Investment Corporation (MTG) [hlAlert]

Rating:
Buy MTG
up 11.59 %

Mgic Investment Corporation (MTG) rated Buy with price target $10 by MKM Partners

Posted on: Thursday,  Jan 21, 2016  3:25 PM ET by MKM Partners

MKM Partners rated Buy Mgic Investment Corporation (NYSE: MTG) on 01/21/2016. Previously MKM Partners rated Buy Mgic Investment Corporation (NYSE: MTG) on
03/04/2015., when the stock price was $9.40. Since then, Mgic Investment Corporation has gained 11.60% as of 01/21/2016's recent price of $10.49.
If you would have followed the previous MKM Partners's recommendation on MTG, you would have gained 11.59% of your investment in 323 days.

MGIC Investment Corporation is a holding company which, through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, is the leading provider of private mortgage insurance coverage in the United States to the home mortgage lending industry. Private mortgage insurance covers residential first mortgage loans and expands home ownership opportunitiesby enabling people to purchase homes with less than 20% down payments. If the home owner defaults, private mortgage insurance reduces and, in some instances, eliminates the loss to the insured institution.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2016 3:25 PM Buy
None
6.42 10.00
as of 8/27/2015
1 Week up  0.28 %
1 Month down  -7.33 %
3 Months down  -3.84 %
1 YTD up  11.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/4/2015 11:25 AM Buy
None
9.40 11.00

(*) Stock Price at the time of the recommendation.
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