Redfin(NASDAQ: RDFN) recently reported its third-quarter earnings, and to be fair, the relatively weak numbers were largely due to the terrible real estate market right now and not any wrongdoing by the company. However, one number in particular could be a cause for concern, and longtime Fool.com contributors Matt Frankel and Tyler Crowe discuss it in this video.
*Stock prices used were the morning prices of Nov. 14, 2024. The video was published on Nov. 15, 2024.
Don’t miss this second chance at a potentially lucrative opportunity
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
- Nvidia:if you invested $1,000 when we doubled down in 2009,you’d have $368,131!*
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Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.
*Stock Advisor returns as of November 18, 2024
Matt Frankel has positions in Redfin. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Redfin and recommends the following options: short November 2024 $13 calls on Redfin. 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.
