Today’s 3 Best Stocks: Genworth Financial Inc (GNW), MGIC Investment Corp. (MTG), Ford Motor Company (FORD)

Page 1 of 2

It appears that nothing short of a catastrophe is going to stop the broad-based S&P 500 (S&P Indices:.INX) from challenging its all-time high set back in 2007. The index advanced for a seventh consecutive day following what could be perceived as negative news from China overnight. That country’s industrial production rose what would appear to be a robust 9.9% in the first two months of 2013. However, this is a 0.4% drop-off from December. Also, retail sales figures jumped 12.3% in the same period, the slowest growth in retail sales exhibited since 2009.

Still, optimism from Friday’s jobs report continued to supply the spark that lit a fire under the market. For the day, the S&P 500 moved higher by 5.04 points (0.32%) to finish at 1,556.22.

Genworth Financial Inc (NYSE:GNW)Leading the charge higher is no stranger to the winner’s column of late, Genworth Financial Inc (NYSE:GNW) , which advanced nearly 7% after a Barron’s article over the weekend insinuated that the stock could nearly double from its current level. Barron’s focused on projected gains in its mortgage insurance side of the business and noted that, at less than half of its book value, it could easily head higher. I tend to agree that Genworth Financial Inc (NYSE:GNW) is the mortgage insurer of choice, but I definitely feel that caution should be exercised in the sector. Over the past two weeks, MGIC Investment Corp. (NYSE:MTG) has more than doubled despite the fact that its risk-to-capital ratio is nearly 45:1 — a level dangerous enough to halt underwriting activities or even prompt regulators to shut it down until it brings in more capital. This could be a lucrative sector to invest in, if you remain diligent.

Video game developer Electronic Arts Inc. (NASDAQ:EA) leapt 3% on mixed news regarding server issues for its newly released version of SimCity. Die-hard video game fans of SimCity have been nothing short of ticked off with EA’s multiple server issues, which meant that it was unable to handle the sheer volume of people wanting to play the game. With that being said, the fact that its servers won’t be at 100% for at least a few more days has to strike a chord with those angry gamers. However, that a fix finally appears in sight could lend credence to the idea that EA may soon be able to draw upon the fanatical love of the Sims franchise. This is certainly a PR flub, but I’d say it’s doubtful that this launch poses long-term damage to the EA brand or Sims franchise.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!