Analyst highlights Ocwen as a top stock
According to one analyst, Ocwen Financial (OCN) stock is a buy, and it has been for some time now. The commercial and residential mortgage servicer has been growing its earnings over the last five years by 35% per year. Per Seeking Alpha:
Take a look at OCN's one year chart; OCN has been in an uptrend as it recently broke out of a sideways trend. It's also currently hitting new, all-time highs. OCN was a $2 stock in 2008 and it is a $56 stock today, and I think it can go higher! It is a stock that I own at Gunderson Capital Management. And I fully expect to own it two years from now as well.