Zillow On The Rise: NASDAQ Says Now is the Best Time to Buy

September 5, 2020

We recently reported that Zillow’s share price had spiked in preparation for possible renter concessions. NASDAQ released a short report on what investors should do next and the consensus is ‘buy, buy, buy.’ 

Within the last month, Zillow stock has jumped 33.3% and is above its 20-Day SMA. This upwards trajectory along with Zillow’s boost in proptech capabilities point towards the perfect time to invest in the company. 

Zillow has earned a Zacks Rank #2 (Buy), meaning that the trajectory isn’t going to lower or slow down any time soon and that the company hasn’t hit a ceiling yet. It will continue this upward motion. 

September 5, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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