Why Rocket Companies Stock Skyrocketed Today

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Directing officials to purchase $200 billion worth of mortgage-backed securities

  100% confidence

• This is one of many steps in restoring affordability

  100% confidence

• Identified 10 best stocks for investors to buy now, and Rocket Companies wasn't one of them

  100% confidence

• The mortgage bond purchase will drive mortgage rates down, monthly payments down, and make the cost of owning a home more affordable

  100% confidence

• Shouldn't necessarily pile into the stocks of mortgage companies; best to buy or sell them on the natural prospects of the industry and individual businesses

  95% confidence

• Trump tends to make grand promises that aren't always fully realized

  90% confidence

• Such a purchase would almost certainly have a positive impact on the mortgage market if implemented to the promised degree

  90% confidence

• The 10 stocks that made the cut could produce monster returns in the coming years

  85% confidence