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Several tailwinds could help this business have an excellent 2025 and beyond.
To say that Redfin (RDFN -0.20%) has been a strong performer lately would be an understatement. As of Aug. 26, the stock is higher by more than 50% in just one week. But as I explain in this video, some big catalysts could fuel the business in 2025 and beyond.
*Stock prices used were the morning prices of Aug. 26, 2024. The video was published on Aug. 27, 2024.
Matt Frankel has positions in Redfin. The Motley Fool has positions in and recommends Redfin. The Motley Fool recommends the following options: short November 2024 $13 calls on Redfin. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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