An Outlook At The Most Popular Robinhood Stocks: $PSEC $RKT $RCL

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Prospect Capital buys shares

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Prospect Capital Corporation (NASDAQ:PSEC) has outshone many popular stocks on Robinhood after it attained a $1.91 Million market capitalization.

With a market capitalization of about $1.91 Million, Prospect Capital Corporation(NASDAQ:PSEC) has risen to become one of the most popular stocks on Robinhood.

It was in March this year that the company's senior management team bought Prospect shares totaling $138 million. Sources show the employee insider and the senior management ownership currently standing at about 27% of shares outstanding.

These are figures for the $0.06 per share distributions witnessed for the 37th and 38th series.

Prospect may in November 2020 pronounce the various distributions. Those include the distributions for months of November and December 2020, and the January of 2021.

The shareholders are set to receive a 13.9% annualized distribution yield as of August 25, 2020. The closing stock of the Prospects is $5.17 and that is how the shareholders get to benefit.

The original shareholders are set to enjoy a rate of $18.24 per share considering the company's current share count as well as its past distributions.

The company's NII per share from October 2017 moving forward has been an impressive one, standing at about $2.19.This company's NII has scaled up over the period by a margin of $0.21 per share.

Rocket Companies showcases improved performance

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The scaling up to hit a figure of $2.66 Billion in terms of market capitalization tells a lot about Rocket Companies Inc. (NASDAQ:RKT) popularity. Currently, it outshines many popular stocks on Robinhood.

Third Quarter Outlook

Ranges taking into account figures in a year earlier

Between $93 billion and $98 billion in terms of the Net rate lock volume. In terms of percentages, that plays somewhere around 98% to 108%. Over the third quarter of 2019, it achieved a $47.0 billion.

Between $82 billion and $85 billion in line with the volume of the closed loans, this is representative of a 105% to 112% range. In the third quarter of 2019, it had attained $40.3 billion.

Achieved 4.05% to 4.30% proceeds from the sale margins, which is representative of third quarter earnings playing within a range of 23% to 31%. The figure to compare this with was the 3.29% reached over the third quarter of 2019.

Royal Caribbean Cruises secures loan

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Royal Caribbean Cruises Ltd. (NYSE:RCL) has a $15.07 Billion market capitalization and is undoubtedly one of Robinhood's most popular stocks.

The success in securing a binding commitment from Morgan Stanley pronounced today by the company is a major step forward. Royal Caribbean seeks has its eye fixed on the establishment of a $700 million term loan facility. Morgan Stanley expects to obtain an L + 3.75% interest in a deal expected to span 364 days from the time of funding. The company's wholly owned subsidiary RCI Holdings, LLC has been selected as the one guaranteeing the security of the facility. Success in this regard will have the company obtain net proceeds to be channeled towards the general corporate purposes.

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