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Opendoor Stock: Buy, Sell, or Hold?

TheMotleyFool

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Opendoor Stock: Buy, Sell, or Hold?: https://g.foolcdn.com/editorial/images/746996/sold-sign-home-real-estate-single-family-1.jpg

Home prices continue marching higher, but the same can't be said for Opendoor Technologies (NASDAQ: OPEN), whose stock has plunged 25% over the past month and is down more than 90% from its all-time high.

The real estate technology company buys homes through its website or app and resells them on an e-commerce marketplace. So why isn't Opendoor thriving if home prices are rising? Opendoor should make more money if prices go up, right?

It's not that simple. Understanding the investment opportunity requires understanding Opendoor's role in the real estate market. Only then can you determine whether the stock is a buy, sell, or hold.

Source Fool.com

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