10 Most Active US Stocks to Buy According to Hedge Funds

6. Rocket Companies Inc. (NYSE:RKT)

No of hedge fund holders: 30

Rocket Companies Inc. (NYSE:RKT) is a financial technology firm specializing in mortgage, real estate, and personal finance solutions.

Rocket Companies Inc. (NYSE:RKT) has announced a strategic all-stock acquisition of real estate leader Redfin in a deal valued at $1.75 billion. This represents a price of $12.50 per Redfin share. The merger combines Redfin’s strong digital presence with Rocket Companies’ expertise in mortgage and financial services. Redfin brings 50 million monthly visitors, over 1 million active listings, and a network of 2,200+ real estate agents. Rocket Companies adds its industry-leading mortgage origination, title insurance, and servicing operations to the partnership.

Rocket Companies Inc. (NYSE:RKT) reported strong financial performance for the full year 2024, generating total net revenue of $5.1 billion and net income of $636 million, translating to earnings per diluted share of $0.21. Adjusted net income stood at $456 million, or $0.23 per diluted share. RKT also maintained an exceptional net client retention rate of 97%, highlighting its competitive advantage in customer retention and long-term client value creation.