The Real Brokerage (REAX) Surges 5.9%: Is This an Indication of Further Gains?

The stock is gaining from the company's steady increase in agent numbers. The company is capitalizing on the ongoing trend of agents moving from traditional, high-cost brokerages to more efficient, high-value models such as REAX. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The Real Brokerage is part of the Zacks T ...