RDN Near 52-Week High: Time to Add the Stock for Better Returns?

Key Takeaways Radian Group plans to buy Inigo for $1.7B to expand into global multi-line specialty insurance. New business, higher persistency and a strong mortgage insurance portfolio support growth. Declining claims and a strengthened capital base back RDN's dividend hikes and buybacks. Shares of Radian Group Inc. (RDN) closed at $35.66 on Dec. 1, near its 52-week high of $38.84. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading abo ...