My next play is UWMC. Get on now if you want to make fat stacks. I didn't write this DD but did research the company and verify the claims for about 3 hours this afternoon, all checks out.
Quote:
-Largest wholesale mortgage lender in America.
-Going to be included in the Russell 1000 & 3000 as early as 3/21.
-They use and own their own proprietary software and system. They're the quickest at approving and closing loans in the market and hold this as a key competitive differentiator over their competitors.
-They've grown 545% this year alone with earnings forecasted to grow 4.83% per year. Market Cap: 13.4B.
-They're heavily undervalued. Currently around $8.50/share; the fair value analysis is between $19.34 - $40.00.
-Total outstanding shares is 1.61 Billion. Only 90.23 Million give or take is publicly traded. The remainder is institutionally owned. In short, only a fraction of the shares of the company are available for trading, that being 90.23 million.
-Short interest is very high. Over the last 2 weeks, the short interest volume % has been between 28% - 31%. The latest short interest information from general market analysis companies are dated as of 02/26/2021, the most recent information for March isn't available yet. Short borrow rate fee is at 8.43% give or take. Don't forget this stock had a dividend payout on 03/09/2021 which is high at 4.82% (The shorts must cover that as well), so the potential for a short squeeze or gamma squeeze is very plausible.
-Major market analyst rate $UWMC as a buy. UWMC insiders have bought more shares then sold in the past 3 months.
This is both a good short-term and long-term play. You can invest in this company for the possible short squeeze/gamma squeeze or for the long-term growth and for it to reach it's actual fair value, which, if you buy in now you should be in for a nice ride. Plus, it has a dividend of 4.82%, or $0.10 per share quarterly if you care about that sort of thing.
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On top of all this UWM recently announced an ultimatum barring broker shops from working with Rocket and Fairway.
10k agreed, only 400 did not.
If that's not enough,
check this out.