Cramer's Take On The Mortgage Insurer Stocks Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Take On The Mortgage Insurer Stocks

2765 views

TheStreet.com Rating: D

Rate Now:

average rating: 0.00 / 0 ratings

printer friendly

send to a friend

Created by barrons2

DESCRIPTION:

Date updated:11-01-2007

"It would be one thing if things had gotten better, that homes were trading, that people were able to sell homes that are costing too much. We know that's not possible. So, people are walking away from their homes, keeping their credit cards and holding on to their car keys." -- Jim Cramer

PMI
P M I Group Inc
$1.85
-7.96%
$1.93

PMI is a disaster. They upped their loan-loss reserves, but it is pretty clear they have lost control of their business entirely.

People owning PMI also tend to own: ABT BRK-B CLAY CLX CNI DISH GCI

TheStreet.com Rating: D- What is this?

ABK
Ambac Finl Grp In
$0.80
-4.76%
$0.79

Ambac (ABK), MGIC (MTG) and MBIA (MBI) are all in the same boat. I am saying again, that they are goners.

People owning ABK also tend to own: AEO BARE DEEP KNXA MPEL NYX AEE

TheStreet.com Rating: D- What is this?

MTG
M G I C Invest Cp
$3.98
-2.93%
$4.02

Ambac (ABK), MGIC (MTG) and MBIA (MBI) are all in the same boat. I am saying again, that they are goners.

People owning MTG also tend to own: AW BRCM CCK CHE CTX CYN FDO

TheStreet.com Rating: D What is this?

MBI
M B I A Inc
$3.40
-6.08%
$3.36

Ambac (ABK), MGIC (MTG) and MBIA (MBI) are all in the same boat. I am saying again, that they are goners.

People owning MBI also tend to own: AA AMGN AXP CVX EGLE HD HNZ

TheStreet.com Rating: D What is this?

Comments not available

Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to Jim Cramer, investors need to know the four enemies of all bull markets. On Wednesday’s “Mad Money” TV show...

11.27.09 | 13:36 PM

'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 27, 2009 According to CNBC’s “Fast Money” traders, the adjustment in the third-quarter GDP figure released on Tuesday from an exp...

11.27.09 | 12:22 PM

Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM

Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM

Full Disclosure

11.09.08 | 12:30 PM From author alchemist

General market Technical Analysi...

11.14.07 | 22:55 PM From author ZA

Oprah Winfrey and the Bear Market

11.29.09 | 01:38 AM From author graspthemarket

The YouTube Exchange

07.22.09 | 17:45 PM From author Rawbrrt

more forums