General Recommendation: NMI Holdings Inc
NMI Holdings Inc (NASDAQ: NMIH)
Target: 51.68
Stop Loss: 30
NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services, such as primary and pool insurance; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders.
Note: The closing must be tracked on weekly basis i.e you should exit the position only if the stock closes below the stoploss level.
Disclaimer: Sanjeev Kaushik is an Authorised Representative (No. 001303793) of MF & CO Asset Management Pty Ltd (AFSL 520442). This content is not personal financial advice that takes into account your objectives, financial situation and needs. You should consider the appropriateness of the general information presented herein having regard to your own circumstances prior to making any investment decisions.
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Australia based stockbroker and investment adviser.
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