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TSFG, MTG, KFN were Today`s Top Financial Stocks

Top Financial Stock Picks by Penny Stock Pick Alert

 

TSFG, MTG, KFN were Today`s Top Financial Stocks




(EMAILWIRE.COM, October 15, 2009 ) Dallas, TX - The South Financial Group (NASDAQ:TSFG) was one of the most active gainers in today`s trade as it rallied over 6.94% to $1.54 on huge volume of 5.11 million shares on no news. The stock hit an intraday high of $1.60 and an intraday low of $1.45. So far the stock prices shoot up over31 % in last 3 months of trade. The South Financial Group, Inc. is a bank holding company. TSFG operates principally through Carolina First Bank, a South Carolina-chartered commercial bank, which conducts banking operations in South Carolina and North Carolina in Florida, and on the Internet.

MGIC Investment Corp. (NYSE:MTG) was among the top movers and surged 13.85% at $7.48 on huge volume of 5.57 million shares as MGIC Investment Corp. is scheduled to release its earnings results on Thursday, Oct 15, 2009. The company currently has an earning per share ratio of -7.34 and investors are hoping to see that number change. MGIC Investment Corporation is a holding company and through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance in the United States.

KKR Financial Holdings LLC (NYSE:KFN) jumped 9.60% or $0.43 to $4.91 on over 3.38 million shares. The stock made an intraday high and low of $4.98 and $4.53 respectively. So far the stock jumped over 381% in last six months of trade. Over the past 5 trading sessions, the stock prices shoot up 9%. KKR Financial Holdings LLC, together with its subsidiaries is a specialty finance company. The Company invests in financial assets primarily consisting of corporate loans and securities, including senior secured and unsecured loans, mezzanine loans, high yield corporate bonds, distressed and stressed debt securities, marketable and non-marketable equity securities, and credit default and total rate of return swaps.

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