Zacks Gives Radian Thumbs Down

Zacks.com, the online component of Zacks Investment Research, Chicago, has given Radian Group Inc., Philadelphia, its #5 (Strong Sell) rank.Zacks noted that Radian had a tough quarter, with charges to earnings because of a loan-loss provision due to a Conseco manufactured housing deal and the closing of RadianExpress.com. "With such a tough quarter in the past, Radian should be in a better position moving forward," Zacks said. "But to be on the safe side, investors may want to hold off a bit longer on increasing exposure with the company until its earnings estimates gain more upside momentum."