Jim Cramer’s Latest Lightning Round: 7 Stocks in Focus

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

Number of Hedge Fund Holders: 30

In response to a caller’s two-pronged inquiry about Rocket Companies, Inc.’s (NYSE:RKT) acquisition of Redfin and whether the stock can double as a result of a refinancing boom if the Fed cuts rates, Cramer said:

“Okay, I was not a big fan of the Redfin acquisition… and that was in part because I’d looked at Redfin many, many times, couldn’t really figure it out. However, I am a… big believer in Rocket, and yes, exactly what you said will happen. Therefore, you can own Rocket. The Redfin, I wish they would come on and explain it. I really do because I really like them, but I thought that was quizzical.”

Rocket Companies (NYSE:RKT) offers a range of services including mortgage lending, real estate solutions, personal finance, and financial wellness tools, alongside technology platforms for home buying, loan origination, and financial management. The company also provides appraisal, title, and settlement services to support these offerings.