1. As of noon trading, MGIC Investment Corporation ( MTG) is up $0.78 (11.7%) to $7.45 on heavy volume. Thus far, 21.8 million shares of MGIC Investment Corporation exchanged hands as compared to its average daily volume of 10.3 million shares. The stock has ranged in price between $7.15-$7.54 after having opened the day at $7.46 as compared to the previous trading day's close of $6.67.

MGIC Investment Corporation, through its subsidiaries, provides mortgage insurance to lenders and government sponsored entities in the United States. MGIC Investment Corporation has a market cap of $2.3 billion and is part of the financial sector. Shares are up 150.8% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates MGIC Investment Corporation a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates MGIC Investment Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. Get the full MGIC Investment Corporation Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).
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