Three Reasons Why OPEN is Risky and One Stock to Buy Instead [Yahoo! Finance]
Opendoor Technologies Inc (OPEN)
Company Research
Source: Yahoo! Finance
Opendoor has been treading water for the past six months, recording a small loss of 3% while holding steady at $1.91. The stock also fell short of the S&P 500's 10.3% gain during that period. Is there a buying opportunity in Opendoor, or does it present a risk to your portfolio? See what our analysts have to say in our full research report, it's free We're swiping left on Opendoor for now. Here are three reasons why there are better opportunities than OPEN and a stock we'd rather own. Why Is Opendoor Not Exciting? Founded by real estate guru Eric Wu, Opendoor (NASDAQ:OPEN) offers a technology-driven, convenient, and streamlined process to buy and sell homes. 1. Decline in Homes Sold Points to Weak Demand Revenue growth can be broken down into changes in price and volume (for companies like Opendoor, our preferred volume metric is homes sold). While both are important, the latter is the most critical to analyze because prices have a ceiling. Opendoor's homes sold came in
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News
- 3 Stocks That Could Skyrocket Before the End of 2024 [Yahoo! Finance]Yahoo! Finance
- Why Opendoor Stock Rocketed 34% Higher in November [Yahoo! Finance]Yahoo! Finance
- A Missouri man called the Ramsey Show because he misses paying off the Corvette he sold — is debt a good motivator? [Yahoo! Finance]Yahoo! Finance
- Why Opendoor Stock Popped Today [Yahoo! Finance]Yahoo! Finance
- Opendoor: Beaten And Forgotten [Seeking Alpha]Seeking Alpha
OPEN
Earnings
- 11/7/24 - Beat
OPEN
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- OPEN's page on the SEC website