ZG - 1 Growth Stock Down 68% That Wall Street Thinks Could Soar in 2022
Let's be clear: Any stock that collapses by 68% from its high carries inherent risks, and that's certainly the case with real estate iBuying company Offerpad Solutions (NYSE: OPAD) .
Offerpad buys homes directly from sellers, adds value by renovating them, and then flips them for a profit. It's not an easy business, as Offerpad's largest competitor, Zillow Group (NASDAQ: Z) (NASDAQ: ZG), recently proved when it dropped out of the segment after sustaining significant losses.
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1 Growth Stock Down 68% That Wall Street Thinks Could Soar in 2022