3 Reasons I'm Buying More Redfin Stock After Its Q3 Earnings Report

Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more.

Shares of real estate technologist Redfin (NASDAQ: RDFN) are down nearly 20% since the company reported results from its third quarter. A breather was overdue, though, as shares have still nearly doubled in 2020 to-date as the COVID-19 pandemic accelerates technology trends that were already working in the small company's favor.

While challenges remain, the reasons for owning the digital-based agent for the long term have only gotten stronger in recent months, so I plan on adding to my position in November. 

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Source Fool.com