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home / news releases / LDI - Rocket Companies: A Tale Of Two Very Uncertain Tales - Wait For A Lower Price

LDI - Rocket Companies: A Tale Of Two Very Uncertain Tales - Wait For A Lower Price

loanDepot Inc. Class A
  • The mortgage origination downcycle has several years to run, with lots of excess capacity chasing the business.
  • Rocket is pursuing a Home Sale New Paradigm. But so are many other mortgage bankers and realtors.
  • All of this tough competition means years of earnings pressure.
  • Therefore, while Rocket is a very well-run company, there isn't much reason to own it now.

For further details see:

Rocket Companies: A Tale Of Two Very Uncertain Tales - Wait For A Lower Price
Stock Information
Company Name: loanDepot Inc. Class A
Stock Symbol: LDI
Market: NYSE
Website: loandepot.com
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