Shares of Zillow Group (NASDAQ: ZG) (NASDAQ: Z) plunged more than 30% in August, after the online real estate leader's full-year guidance left investors wanting more. In September I went out on a limb to argue that the stock was worth buying then -- particularly considering the massively disruptive potential of Zillow's budding "homes" segment, as the Zillow Offers program continues to expand.
As it happened, Zillow stock went on to rally more than 45% since then, including a 21% gain in November alone driven by the company's exceptional third-quarter 2019 results.
But that now raises the question: Is Zillow Group stock still worth buying today? I think so, and here's why.