Opendoor Is A 'Stock That Could Be The Amazon Of Housing': Eric Jackson
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Eric Jackson, a stock promoter, believes Opendoor Technologies, Inc. could become the 'Amazon of housing' following significant management changes, including the appointment of former Shopify COO Kaz Nejatian as CEO. He sees potential for Opendoor to simplify home buying and selling. However, Jackson also highlighted risks, such as prolonged high interest rates and concerns about future profitability as the company transitions to a smaller workforce. He did not provide solutions for these challenges, leaving them for the new management team to address.
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