Reported about 16 hours ago
Robinhood's chief investment officer, Stephanie Guild, emphasizes the importance of monitoring digital real estate companies Opendoor and Better Home, particularly as mortgage rates slowly decline. Despite recent stock fluctuations, both companies have shown significant year-to-date gains, and Guild notes that potential Federal Reserve rate cuts could further boost their activity. However, she cautions investors to remain cautious given the elevated stock valuations and ongoing financial losses.
Source: YAHOO