Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) Opendoor Technologies Inc. OPEN-Q PAST TOP PICK Feb 23, 2021

(A Top Pick Jan 19/21, Up 0%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with OPEN has triggered our $27 stop (our original entry recommendation level). To be disciplined, we recommend covering the entire position at this time.
$27.240

Stock price when the opinion was issued

REAL ESTATE
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly OPEN is a new player to the real estate sales platform space and it promises to be a disruptor. Its platform offers both residential buyers and sellers to transact. What makes it different from its competitors is that they actually purchase inventory, which allows it to not only profit on the fees from both sides, but also to capture arbitrage profits. Several on the management team come from Uber. We would buy this with a stop-loss at $19, looking to achieve at least $38.00 -- over 38% upside. This one has enormous upside potential. Yield 0% (Analysts’ price target is $51.50)

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jan 19/21, Up 40.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with OPEN-Q has achieved its $38 target. We previously described this as having substantial upside potential and continue to think so. We recommend trailing up the stop (from $19) to $27 -- right at the original entry recommendation. This would all but guarantee a minimum 20% investment return.
DON'T BUY
Doesn't like it. It went public and fooled a lot of people. Is down 16% in the past month.