1 Magnificent Real Estate Stock Down 58% to Buy and Hold Forever

Rocket Companies (NYSE: RKT) has been a roller coaster ride since its initial public offering (IPO) on the stock market in 2020. After rising as high as $43 per share in March 2021, Rocket's journey went into reverse in 2022 as rising interest rates contributed to a slowdown in the housing market.At one point, the stock plummeted as low as $6 per share. However, there has been a notable bounce back, and shares are currently priced at about $18, which is 58% off its all-time high (as of Oct. 2). Here's why Rocket stock may be worth a closer look.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool