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RMAX - RE/MAX Holdings: This Low Priced Stock Is My Top Turnaround Pick For 2024
RE/MAX Holdings Inc. Class A
2024-03-13 20:58:39 ET
Summary
RE/MAX Holdings, Inc. is a well-known franchisor of real estate brokerage services, currently trading near 52-week lows.
The frozen real estate market is expected to thaw out as the Federal Reserve is done raising rates, and mortgage rates are likely to start dropping.
RE/MAX has the potential for a major resurgence, with real estate activity likely to dramatically pick up, causing a return to normalized earnings power.