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
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

On the Move: The 10 Fastest Growing Businesses in 2015

Fast Money: The 10 Highest Paying Fast Food Restaurants

Mixing It Up: The 14 Best Music Mashups of 2014

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

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!