Long-time Fool.com contributors Matt Frankel and Tyler Crowe typically discuss tried-and-true businesses that are on the lower end of the risk spectrum, but not today. In this video, Frankel talks about why he's buying shares of social media platform Nextdoor(NYSE: KIND), while Tyler has his eye on Canadian Solar(NASDAQ: CSIQ).
*Stock prices used were the morning prices of Oct. 3, 2024. The video was published on Oct. 7, 2024.
Should you invest $1,000 in Nextdoor right now?
Before you buy stock in Nextdoor, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nextdoor wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $782,682!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. TheStock Advisorservice has more than quadrupled the return of S&P 500 since 2002*.
*Stock Advisor returns as of October 7, 2024
Matt Frankel has positions in Nextdoor. Tyler Crowe has positions in Canadian Solar. The Motley Fool has positions in and recommends Nextdoor. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
