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1.85532199112724E-05 -0.000909107775654488 -0.00183676877122025 -0.00185532199113169 -0.00183676877122025 0.00187387521104279 0.00187387521104279 1.85532199112724E-05
Stock impact report

3 Consumer Stocks We Keep Off Our Radar [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
to plummet when macro uncertainty enters the fray, and over the past six months, the industry has shed 2.6%. This performance was discouraging since the S&P 500 returned 6.6%. A cautious approach is imperative when dabbling in these companies as many also lack recurring revenue characteristics and ride short-term fads. With that said, here are three consumer stocks we're passing on. Opendoor (OPEN) Market Cap: $5.18 billion Founded by real estate guru Eric Wu, Opendoor (NASDAQ:OPEN) offers a technology-driven, convenient, and streamlined process to buy and sell homes. Why Do We Steer Clear of OPEN? Performance surrounding its homes sold has lagged its peers Capital intensity will likely increase as its free cash flow margin is anticipated to drop by 27.5 percentage points over the next year Negative earnings profile makes it challenging to secure favorable financing terms from lenders Opendoor's stock price of $5.24 implies a valuation ratio of 1.1x forward price-to- Show less Read more
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