Mr. Cooper Group Inc. (COOP) is a top performer with a merger announcement.

From Yahoo Finance: 2025-07-01 07:56:00

Riverwater Partners released its Q1 2025 investor letter for its Sustainable Value Strategy, outperforming the Russell 2500 Value Index. Mr. Cooper Group Inc. (NASDAQ: COOP) was a top pick, with a 13.39% one-month return and shares up 85.40% in the last 52 weeks, closing at $149.21 per share on June 30, 2025.

In the investor letter, Riverwater Partners highlighted Mr. Cooper Group Inc. (NASDAQ: COOP) as a top performer, announcing a merger with Rocket Mortgage. This transaction is expected to close later in the year, marking a significant development for the company and its shareholders.

Despite not being on the list of 30 Most Popular Stocks Among Hedge Funds, Mr. Cooper Group Inc. (NASDAQ: COOP) saw an increase in hedge fund portfolios in the first quarter. While acknowledging its potential, the focus remains on AI stocks for higher returns within a shorter timeframe.

For more insights on Mr. Cooper Group Inc. (NASDAQ: COOP) and other investment options, check out articles on cheap mid-cap stocks and hedge fund investor letters for Q1 2025. While COOP shows promise, the emphasis is on AI stocks that offer greater upside potential and lower downside risk in the current market landscape.

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