Wall Street Optimism Spills Over to These 10 Stocks on Friday

7. Rocket Companies Inc. (NYSE:RKT)

Rocket Companies’ share prices rose by 9.12 percent on Friday to finish at $14 apiece following a stellar earnings performance last year.

In a statement, RKT said it swung to a net income of $649 million in the fourth quarter of 2024 from a $233 million net loss in the same period a year earlier, as well as to a net profit of $636 million in full-year 2024 from a $390 million net loss in 2023.

Revenues for the quarter expanded by 155 percent to $1.769 billion from $694 million year-on-year, while revenues for the same comparable year increased by 34 percent to $5.1 billion from $3.799 billion.

Looking ahead, RKT CEO Varun Krishna posted an optimistic outlook for the company, saying it gained momentum heading into 2025 with the launch of its unified Rocket brand and rocket.com platform.

RKT expects revenues in the first quarter of the year to settle between $1.175 billion and $1.325 billion.