Jim Cramer Says Wait A Little & Discusses These 11 Stocks

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9. Rocket Companies, Inc. (NYSE:RKT)

Number of Hedge Fund Holders In Q4 2024: 30

Rocket Companies, Inc. (NYSE:RKT) is a software company that caters to the needs of the real estate industry. The firm provides software for lending, appraisal, home search, and other activities. Rocket Companies, Inc. (NYSE:RKT)’s shares are up by 28% year-to-date as the firm benefits from a strong earnings report and an acquisition announcement. Cramer believes that the company is benefiting from an increased tendency among businesses to benefit from a changed regulatory environment. Here’s what he said about Rocket Companies, Inc. (NYSE:RKT):

“Well I think that’s another deal.  They bought Redfin, these guys like to buy.”

“[On how they like to be end-to-end] Yes. And they’re using the. . FTC to be able to . . .”

“I think they’re brilliant. I think they’re taking advantage of new regime, which is you know you get in front of the FTC, there is no. . .you know the FTC’s kind of in a bind there, because we have a lame duck, I don’t know where did those guys go? The new guys don’t seem to be as concerned about the anti trust as the old guys.”

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