MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns

Shares of MGIC Investment (NYSE: MTG ) have been a solid performer over the past year, gaining 34%. They have fallen about 10% from their high amid concerns over a slowing US housing market given elevated mortgage rates. A solid Q3 earnings report liftedOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ...