MGIC Investment Corporation (MTG) Hit a 52 Week High, Can the Run Continue?

The Insurance - Multi line industry may rank in the bottom 63% of all the industries we have in our universe, but there still looks like there are some nice tailwinds for MTG and HG, even beyond their own solid fundamental situation. We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, MGIC currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates. Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong ...