Today’s 3 Best Stocks: Avon Products, Inc. (AVP), Masco Corporation (MAS), Assurant, Inc. (AIZ)

Finally, insurer Assurant, Inc. (NYSE:AIZ) gained nearly 7% after the Federal Housing Finance Agency announced that it’s still in the process of evaluating force-place coverage (the insurance borrowers buy when they lapse on an existing policy). Fannie Mae has laid out plans to significantly cut the costs associated with force-place coverage, but this delay announced by the FHFA means Assurant’s premiums aren’t likely to drop anytime soon. Although the news is a positive for Assurant, it’s likely only a short-term boost as even the FHFA agrees that premium costs on force-place insurance costs need to come down.

The article Today’s 3 Best Stocks originally appeared on Fool.com and is written by Sean Williams.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.

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