UWM Holdings: Poised For Continued Dominance In 2024 Despite Cyclical Economics
UWM (UWMC) Seeking Alpha·2024-01-09 06:32
Theerayut Kaenthao In 2023, UWM Holdings Corporation (NYSE:UWMC) showcased remarkable resilience, more than doubling its share price despite facing challenges from Federal Reserve rate hikes. The company's strategic offensive stance, evident in substantial loan volumes, new services, and operational efficiency gains, fueled its performance. However, new challenges arise in 2024, including anticipated rate cuts and a dividend to maintain. I believe UWM's financial strength, operational excellence, and ca ...