TTM finance figures for the S&P 500 indicate a market-wide P/E of 24.3, slightly above the 10-year median. This valuation implies elevated expectations, where even minor earnings misses could trigger sharp sell-offs in high-beta names. Earlier this year, Rocket announced its acquisition of Mr. Cooper Group, which closed on Oct. 1. The acquisition gives Rocket the nation's largest mortgage servicing platform -- over $2.1 trillion in unpaid principal balances. This generates stable, recurring fee income that cushions Rocket against some of the fluctuations in its mortgage origination business. Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration. The latest ttm finance datasets show real estate REIT yields steady at 4.5%, though high interest rates continue to cap expansion projects. Office space remains the underperformer with occupancy at multi-year lows.
