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Rocket Companies Is Profitable But Still Expensive
In recent years, Rocket Companies has been profitable and generates a high return on invested capital. The firm has grown its share of mortgage organization volume to surpass Wells Fargo to become the largest US mortgage lender in 2018.
Despite earning a higher ROIC and minimal credit exposure, Rocket Companies is still highly reliant upon interest rates.
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It’s never too late to start saving,
Gordon Fox
P.S.
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