Hedge fund manager Eric Jackson, who partially contributed to the trade explosion at Opendoor, announced his new pick on Monday – Better Home & Finance Holding Co. Jackson said his company holds a better home position but did not disclose its size.
Better Home shares rose 46.6% on Monday after Jackson promoted the stock on X. At some point during the session, the stock price has more than doubled. New York-based mortgage lenders jumped over 36% last week. Better Home’s market capitalization was over $500 million as of the end of Friday, according to data from FactSet.
EMJ’s capital president and founder wrote “Better Home” Shopify “Mortgages,” the company said it is using artificial intelligence to rebuild its $15 trillion industry from scratch. Shopify is a Canadian e-commerce platform.
Better Home & Finance on Monday
Jackson has looked at newly released blockchain lenders Figure Technology Solutions There are much higher multiples than a better home.
“$figr trades with sales of Ipo’ed Just & Tradys 19 x 2026. BETR trades at just 1x, but it’s growing faster than Figr,” he said. “I think BETR is a potential 350 bagger in two years. They laugh at CVNA for $3.50 and BETR for $34, just like they’re open at 51¢. But this isn’t a meme.”
