Z - Offerpad Solutions: Now Is The Time To Go Against The Crowd

2024-07-21 11:16:58 ET

Summary

• Offerpad shares have dropped over 60% in the past year, presenting a contrarian buying opportunity based on quantitative factors.
• Stocks with significant price declines, like Offerpad, have shown potential to outperform the S&P 500 over 1-3 year timeframes according to a study done by The Brandes Institute.
• Offerpad appears to have the financial flexibility essential to navigate their issues.

It's Hard To Love A Stock That's Down: But Offerpad Is A Buy On Quantitative Factors

Over the past year, shares of Offerpad Solutions ( OPAD ) have traded mostly down. It's been a horrible place to keep your money, as the price has come down more than 60%:

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