Jim Cramer Says Wait A Little & Discusses These 11 Stocks

7. Mr. Cooper Group Inc. (NASDAQ:COOP)

Number of Hedge Fund Holders In Q4 2024: 38

Mr. Cooper Group Inc. (NASDAQ:COOP) is a diversified mortgage company that manages and originates loans. Consequently, the stock’s performance depends on interest rates and activity in the real estate sector. However, Mr. Cooper Group Inc. (NASDAQ:COOP)’s shares are up by a strong 43.7% year-to-date. The stock soared by 29% between late March and early April as Rocket Companies announced that it was acquiring the firm. Here’s what Cramer said about the deal:

“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.”