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Mgic Investment Corporation (MTG) [hlAlert]

Rating:
Outperform
MTG
up 199.71 %

Mgic Investment Corporation (MTG) rated Outperform with price target $14.60 by Northland Securities

Posted on: Monday,  Apr 19, 2010  8:25 AM ET by Northland Securities

Northland Securities rated Outperform Mgic Investment Corporation (NYSE: MTG) on 04/19/2010. Previously Northland Securities rated Outperform Mgic Investment Corporation (NYSE: MTG) on
07/15/2009., when the stock price was $3.50. Since then, Mgic Investment Corporation has gained 199.71% as of 01/21/2016's recent price of $10.49.
If you would have followed the previous Northland Securities's recommendation on MTG, you would have gained 199.71% of your investment in 2381 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.

Our equity research effort attempts to identify high potential small-cap investment ideas. We offer traditional sell-side research services with a particular focus on unearthing information that either supports or challenges our investment thesis. We strive to continuously provide our institutional client base with timely and insightful thinking.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/19/2010 8:25 AM Buy
None
12.23 14.60
as of 12/31/2010
1 Week down  -11.33 %
1 Month up  6.45 %
3 Months down  -1.73 %
1 YTD up  56.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2009 8:25 AM Buy
None
3.50 10.00

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