Jim Cramer on Rocket Companies: "I Got Enough Problems"

Rocket Companies, Inc. (NYSE:RKT) is one of the stocks Jim Cramer answered questions about. During the lightning round, a caller asked about the stock, and Cramer commented:

“I got enough problems, I don’t need no Rocket Companies. Like, I can’t get… No one’s buying homes here.”

Rocket Companies, Inc. (NYSE:RKT) provides mortgage, real estate, and personal finance services. The company delivers its services through Rocket Mortgage, Rocket Homes, Rocket Loans, and Rocket Money. During the September 19 episode, a caller inquired about the stock in light of rate cuts, and Cramer responded:

“Man, everyone’s kind of, here’s the problem, sir: Everyone’s kind of done that trade. I would much rather see you be in Wells, which is resting here at 80. Divide it by four and call it a $20 stock. I just think what matters is that Wells is the one at this point, that is, it’s spring-loaded. This one has already gone off.”

While we acknowledge the potential of RKT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.