Eric Jackson, the hedge fund manager who partially contributed to the trade explosion at Opendoor, announced his new pick on Monday.
Better Home stocks surged more than 50% on Monday, and the stock price surged to 176% at $94.06 on Monday, after Jackson promoted the stock on X during the session. Better Home’s market capitalization was over $500 million as of the end of Friday, according to data from FactSet.
The EMJ capital president and founder called Better Home “The Shopify of Mormgarages,” said the company is using artificial intelligence to rebuild its $15 trillion industry from scratch. Shopify is a Canadian e-commerce platform.
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Better Home & Finance on Monday
Jackson noted that the newly released blockchain lender figure technology solutions have far higher multiples than a better home.
“$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.”
