ZG - I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why
2024-05-10 06:21:00 ET
I bought Zillow (NASDAQ: ZG) (NASDAQ: Z) about three years ago, and since that time the stock is down by more than 60%. Even at the cheaper valuation, I'm inclined to believe that major changes in the real estate market give the stock more downside risk than upside potential. In this video, I discuss the reasons both for and against owning Zillow, and why I finally decided to cut my losses and move on.
*Stock prices used were the morning prices of May 6, 2024. The video was published on May 7, 2024.
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I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why