Can This Down-and-Out Stock Be the Next Opendoor?

The story of real estate technology stock Opendoor Technologies is still unfolding, but it has definitely caught the title of meme stock of the year. After hitting a low of $0.51 in June, it has skyrocketed based on retail investor action and the hope of a solid recovery.These kinds of plays can be very risky for the average individual investor for many reasons. One is that you can't time the market, getting in and out at the right time. In fact, although it's still up more than 1,500% from its June low, it's been falling this week.The retail investing community may be onto the next stock that could use a huge turnaround, and Stitch Fix (NASDAQ: SFIX) stock fits the bill. The fashion specialist, once touted as the next big thing in retail apparel, has been falling faster than last year's style trends. But is it ripe for a recovery?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool