Jim Cramer Says “Mr. Cooper (COOP) is Done”

We recently published a list of Jim Cramer Had These 21 Stocks on His Radar. In this article, we are going to take a look at where Mr. Cooper Group Inc. (NASDAQ:COOP) stands against other stocks that Jim Cramer discusses.

When a caller asked if Cramer would sell Mr. Cooper Group Inc. (NASDAQ:COOP) stock, he commented, “You take your profit right now. That thing’s done. Mr. Cooper is done.”

Jim Cramer Says “Mr. Cooper (COOP) is Done”

A direct-to-consumer channel customer checking their mortgage account online.

Mr. Cooper Group (NASDAQ:COOP) is a non-bank mortgage company that services residential loans and originates new ones through direct and correspondent channels. The company also offers related services under brands like Mr. Cooper, Xome, and Rushmore Servicing. Diamond Hill Capital stated the following regarding Mr. Cooper Group Inc. (NASDAQ:COOP) in its Q1 2025 investor letter:

“On an individual holdings basis, among our top contributors in Q1 were Mr. Cooper Group Inc. (NASDAQ:COOP) and UGI Corporation. Mortgage servicing company Mr. Cooper Group executed well during a particularly challenging mortgage environment as interest rates have remained high relative to historical levels. Importantly, Mr. Cooper’s business model is specifically designed to help protect it from just such periods: As rates go up, the value of its mortgage-servicing rights business goes up, giving it the ability to continue generating healthy cash flows even as the mortgage industry overall may slow. Shares were additionally boosted by the announcement on the final day of the quarter that the company will be acquired by Rocket Companies in an all-stock deal projected to close in the fourth quarter of this year.”

Overall, COOP ranks 16th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of COOP as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COOP and that has 100x upside potential, check out our report about this cheapest AI stock.

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