Bull Case:
Technically:
1. AO divergence
2. Stoch oversold
3. Vol spike
4. Consolidation / Accumulation between 20-21
Fundamentally:
5. Forward P/E 11
6. 60% institutional ownership (croweded?)
Last Earnings results:
-Closed origination volume up 122% year-over-year to a record $89.0 billion
-Increased GAAP net income 506% year-over-year to $3.0 billion
-Announces $1 billion share repurchase authorization
-“Rocket Companies assisted more clients in the third quarter of 2020 than any quarter in our 35-year history,” said CEO Jay Farner.
Bear Case:
I cant find any. You tell me.
Housing is hot now
IPOs are hot too
Why isn't RKT much higher?
Technically:
1. AO divergence
2. Stoch oversold
3. Vol spike
4. Consolidation / Accumulation between 20-21
Fundamentally:
5. Forward P/E 11
6. 60% institutional ownership (croweded?)
Last Earnings results:
-Closed origination volume up 122% year-over-year to a record $89.0 billion
-Increased GAAP net income 506% year-over-year to $3.0 billion
-Announces $1 billion share repurchase authorization
-“Rocket Companies assisted more clients in the third quarter of 2020 than any quarter in our 35-year history,” said CEO Jay Farner.
Bear Case:
I cant find any. You tell me.
Housing is hot now
IPOs are hot too
Why isn't RKT much higher?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.