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.”

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