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....
Read the full article on Seeking Alpha
For further details see:
5 Reasons To Buy Opendoor