According to CNN Business, 17 analysts who cover the company have a ‘hold’ rating. Rocket aspires to turn its Rocket Homes visitors and the 2.5 million it expects to add through its Truebill purchase to become Rocket customers when they purchase a house, according to the Journal.Īnalysts are not banging the drums to buy Rocket stock. The Journal noted that Rocket claimed to have 153 million visitors to its platform in 2010 - 61% more than in 2019. Rocket - which bids itself as a fintech - hopes to be valued as such. Gilbert, who founded the company in 1985, is now chair of Rocket - and with his wife controls 79% of the voting power of Rocket shares. If you are worried about Rocket’s future trajectory, you have to assess whether Dan Gilbert is the right source of vision.
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