|Bid||49.22 x 1000|
|Ask||52.00 x 900|
|Day's Range||50.31 - 52.04|
|52 Week Range||37.31 - 98.44|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 04, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||66.00|
If there's been one standout group of stocks since the end of the Great Recession in 2009, it's growth stocks. The combination of historically low lending rates and the Federal Reserve's ongoing quantitative-easing measures have made cheap capital abundant for borrowing purposes. According to Wall Street's consensus estimate, the following four growth stocks are expected to see their sales climb by 306% to as much as 658% by 2024.
Zillow (NASDAQ: Z) (NASDAQ: ZG) is trying to disrupt the home buying and selling market by doing the buying and selling itself, but the business has run into a bit of a snag. According to an announcement from the company on Monday morning, Zillow has so much demand from homeowners looking to sell their homes that it can't keep up. The announcement is a double-edged sword for Zillow.
Put simply, the residential real estate industry is due for disruption, and Truist Securities thinks Redfin (NASDAQ: RDFN) is on the right path to do it. Analysts at this investment bank currently peg Redfin's value at $102 per share, implying 98% upside in the near term. Redfin is a tech-powered real estate business.