Zillow Poised for a Boost from a Revival in Real Estate Activity

about 2 months ago

Rick Minars

"Zillow, trading under the Class A ticker ZG, is set to benefit when financing rates move markedly lower. As lower rates breathe new life into a depressed residential market, increased buyer demand should drive more traffic to Zillow's apps and websites, benefiting their real estate advertising revenues."

Rick Minars points to Zillow (ZG) as a compelling trade idea. With residential real estate set to revive due to dropping mortgage rates, Zillow is expected to see increased web traffic and advertising revenue. This turnaround is supported by double-digit revenue growth and accelerated adjusted earnings, making it a potential short- to medium-term bullish play.

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