Micron Technology, Inc. (MU), LSI Corp (LSI), Radian Group Inc (RDN): Here’s What Smart Investor George Soros Has Bought

Finally, Soros’s biggest closed positions included US Airways and the Market Vectors Gold Miners ETF. Other closed positions of interest include Radian Group Inc (NYSE:RDN) and Westport Innovations Inc. (USA) (NASDAQ:WPRT). Mortgage insurer Radian Group Inc (NYSE:RDN) has been one of the most popular stocks among hedge funds — for good reason, apparently, as it has nearly quadrupled in value over the past year. The recovering housing market is helping Radian Group Inc (NYSE:RDN), along with tighter lending rules likely to lead to greater need for its coverage. (Some wonder, though, whether tighter lending might actually restrict its business.) Radian Group Inc (NYSE:RDN)’s recently reported second quarter featured losses narrowing and a 60% increase in new mortgage insurance written. Delinquent loans are a risk for Radian Group Inc (NYSE:RDN), as is strong competition. In July, its number of delinquent loans dropped a bit.

Westport Innovations Inc. (USA) (NASDAQ:WPRT) has been designing engines powered by natural gas, including some heavy trucks. Bulls like its plans to expand in China and the nation’s expanding network of fueling stations. But the company remains unprofitable, and it just issued a poorly received earnings report and lowered guidance, depressing its shares (which are down nearly 30% over the past year) and getting downgraded on Wall Street. Ford has announced that F-150 trucks will soon offer Westport-designed natural gas engines. Some note that its prospects remain strong and are just not showing up in financial statements yet.

We should never blindly copy any investor’s moves, no matter how talented the investor. But it can be useful to keep an eye on what smart folks are doing. 13-F forms can be great places to find intriguing candidates for our portfolios.

The article Here’s What Smart Investor George Soros Has Bought originally appeared on Fool.com and is written by Selena Maranjian.

Longtime Fool contributor Selena Maranjian, whom you can follow on Twitter, owns shares of Apple and Ford. The Motley Fool recommends and owns shares of Apple, Ford, and Westport Innovations and has the following options: long January 2015 $50 calls on Herbalife.

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