5 Best Extremely Profitable Stocks to Buy

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1. MGIC Investment Corporation (NYSE:MTG)

Number of Hedge Fund Investors in Q1 2023: 29

MGIC Investment Corporation (NYSE:MTG) is an insurance company with operations focused primarily in the U.S. It provides different kinds of mortgage insurance to loan and other financial providers. Out of 12 analysts covering the stock, ten have rated it Buy or better.

As of March 2023, 29 of the 943 hedge funds polled by Insider Monkey had owned a stake in the firm. MGIC Investment Corporation (NYSE:MTG)’s biggest shareholder is Steven Tananbaum’s GoldenTree Asset Management with a $50 million stake.

Follow Mgic Investment Corp (NYSE:MTG)

Disclosure: None. You can also take a look at 10 Dirt Cheap Stocks To Buy and 11 Most Undervalued Foreign Stocks To Buy.

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