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Top 5 Companies in the Thrifts & Mortgage Finance Industry with the Best Relative Performance (RDN , MTG , NMIH , BOFI , TRST )

By David Diaz

Here are the top 5 stocks in the Thrifts & Mortgage Finance industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Radian Group Inc (NYSE:RDN ) ranks first with a gain of 2.52%; Mgic Invt Corp (NYSE:MTG ) ranks second with a gain of 2.46%; and Nmi Holdings I-A (NASDAQ:NMIH ) ranks third with a gain of 2.43%.

Bofi Holding Inc (NASDAQ:BOFI ) follows with a gain of 2.18% and Trustco Bank Ny (NASDAQ:TRST ) rounds out the top five with a gain of 1.74%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mgic Invt Corp on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $14.34. Since that call, shares of Mgic Invt Corp have fallen 26.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance radian group inc mgic invt corp nmi holdings i-a bofi holding inc trustco bank ny