This Rate-Cut Winner Is Already Up 115% in 3 Months. Is It Just Getting Started?
Redfin(RDFN) The Motley Fool·2024-09-26 09:41
Although this real estate disruptor has more than doubled since midyear, it could have much more upside ahead. Redfin (RDFN -6.47%) has been one of the stock market's top performers recently, more than doubling over the past three months, both in anticipation of and in reaction to the Federal Reserve's rate cut. In this short video, I discuss why the recent movement in the stock could be just the starting point of an excellent period in Redfin's history. *Stock prices used were the morning prices of Sept. 2 ...