MGIC Investment Stock Rises 35.3% YTD: More Room for Growth?

MGIC Investment Corporation (MTG) shares have rallied 35.3% year to date (YTD) compared with the industry's growth of 25%. The Finance sector and the Zacks S&P 500 index have returned 24% and 25.7% YTD, respectively. With a market capitalization of $6.61 billion, the average volume of shares traded in the last three months was 0.1 million. Currently priced at $26.11, the stock is a little below its 52-week high of $26.56.MTG Outprforms Industry, Sector and S&P YTDImage Source: Zacks Investment ResearchThe r ...