els
2020-09-24

$Rocket Companies(RKT)$?

Buy RKT now for the following reasons :

1. Current price of $20 is only $2 above IPO priceof $18, so downside is only about 10%. 

2. Fair market value is about $35, so huge upsidepotential of about 75% profits.

3. Q3 result is expected to be better than Q2 (Q2result already fantastic), so expect RKT price to move up substantially when Q3 result is released in October.

You can consider buying their March 2021 Call  Option if you have limited capital.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Kitt_Tesla
    2020-09-25
    Kitt_Tesla
    I just don't get it. The company looks good, the results were promising, the owner is super-rich. But why the stock pprice just keep heading to the drain?
    • Kitt_TeslaReplyels
      When you can't find a rational explanation, you just gonna have some faith into it......
    • els
      I totally agree with you.
      I believe RKT’s price will move up steadily over the next few months...
  • 睿智的尘哥
    2020-09-24
    睿智的尘哥
    thanks for you advise. I want to buy their December 2020, 30 call option, do you think it is good to invest?
  • els
    2020-09-24
    els
    Bank of America Merrill Lynch issued their September research paper putting their target price for RKT @ $32.
Leave a comment
7