InvestorPlace - Stock Market News, Stock Advice & Trading Tips
To watch the full episode, head on over to our sister channel at Hypergrowth Investing on YouTube.
In this clip, one of our viewers asks the pointed question: “What’s the difference between pot stocks and Opendoor (NASDAQ:OPEN)? Aren’t they both low-margin businesses that can’t scale?”
You’d think this would have caught me off guard. But I was happy to hear the question. It allowed me to launch into my bullish case for Opendoor stock.
So what’s the difference? Or, is there a difference? I break down where the scale of business comes into play with Opendoor – economies of scale. It’s quite complex, so make sure to watch the video to hear me unpack it in a palatable way.
But bottom line, as I explain, Opendoor stock is a much better opportunity than anything in the cannabis arena.
On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article.
The post Luke Lango Explains Opendoor Stock appeared first on InvestorPlace.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
