OPEN - 5 Reasons To Buy Opendoor
2024-05-13 13:13:19 ET
Summary
- Opendoor stock has dropped nearly 50% this year after a strong rally in 2023.
- Because of this, many investors might have lost hope for Opendoor stock.
- Yes, there are valid arguments against Opendoor stock.
- However, I believe the worst has already been priced in. At the same time, I believe the worst has already passed.
- That said, let me share 5 reasons to buy OPEN stock.
Introduction
After rallying 150%+ in the last two months of 2023, Opendoor ( OPEN ) stock has cratered back to where it was, down nearly 50% so far this year.
Bulls were partying in January — but now, there seemed to be no bulls left.
Just by looking at the chart, you'll understand why some investors might have lost their conviction in the company....
5 Reasons To Buy Opendoor