economy
March 10, 2026
This real estate stock has been getting crushed this year. Why Josh Brown likes it
Rocket Companies is down about 20% year to date, but recent acquisitions suggest it may be due for a bounce, Josh Brown told CNBC.
TL;DR
- Rocket Companies' stock is down approximately 20% year to date.
- CEO Josh Brown believes the company is strategically positioned for a rebound.
- Recent acquisitions include mortgage servicer Mr. Cooper and real estate brokerage Redfin.
- The company aims to become the dominant mortgage-to-housing platform.
- Potential upside could be driven by a real estate rally and possible Federal Reserve rate cuts.
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