Mortgage Market Bottom? Why Rocket Companies Could Be a Buy

From Investing.com: 2025-02-18 11:46:00

Recent developments in the real estate sector have caused investors to be cautious about investing in housing-related stocks. Zillow Group Inc. has reported weakness in transactions, rental revenue, and fees, indicating a weak consumer housing cycle. Despite this, Rocket Companies Inc. has been breaking out and is currently trading at 61% of its 52-week high, suggesting the worst may already be priced in. With recent buying activity from the Vanguard Group and positive price targets from analysts, Rocket Companies stock presents a compelling risk-to-reward opportunity for investors looking to capitalize on potential future growth in the mortgage market.



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