Eric Jackson, a hedge fund manager who partly contributed to the trading explosion in Opendoor, unveiled his new pick Monday — Better Home & Finance Holding Co.
Shares of Better Home shot up 8.4% after a Jackson post on X touted the stock, after the New York-based mortgage lender soared more than 36% last week. Better Home’s market capitalization was a little more than $500 million as of Friday’s close, according to FactSet data.
The EMJ Capital president and founder called Better Home “the Shopify of mortgages” and said the company is rebuilding a $15 trillion industry from scratch using artificial intelligence. Shopify is a Canadian e-commerce platform.
Stock Chart IconStock chart icon
Better Home & Finance Monday
Jackson noted that newly public blockchain lender Figure Technology Solutions has a much higher multiple that Better Home.
“$FIGR just IPO’ed & trades at 19× 2026 sales. BETR trades at just 1× — but is growing faster than FIGR,” he said. “I believe BETR is a potential 350-bagger in 2 years. They laugh at BETR now at $34 like they laughed at CVNA at $3.50 and OPEN at 51¢. But this is no meme.”
Disclaimer: This news has been automatically collected from the source link above. Our website does not create, edit, or publish the content. All information, statements, and opinions expressed belong solely to the original publisher. We are not responsible or liable for the accuracy, reliability, or completeness of any news, nor for any statements, views, or claims made in the content. All rights remain with the respective source.