Reported about 13 hours ago
Rithm Capital Corp. (NYSE:RITM) has been highlighted as a strong stock choice among billionaire Michael Platt's investment picks due to its substantial upside potential. With BlueCrest Capital Management owning a stake worth $23.1 million and the stock recently upgraded by Piper Sandler following impressive first-quarter results, RITM is noted for its diverse real estate investments. Despite missing revenue expectations, RITM has shown an increase in earnings available for distribution, ranking it as the 10th best investment among Platt's selections.
Source: YAHOO