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I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why

TheMotleyFool

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I Finally Decided to Cut My Losses and Sell This Stock -- Here's Why: https://g.foolcdn.com/editorial/images/776101/house-for-sale-2022.jpg

I bought Zillow (NASDAQ: ZG)(NASDAQ: Z) about three years ago, and since that time the stock is down by more than 60%. Even at the cheaper valuation, I'm inclined to believe that major changes in the real estate market give the stock more downside risk than upside potential. In this video, I discuss the reasons both for and against owning Zillow, and why I finally decided to cut my losses and move on.

*Stock prices used were the morning prices of May 6, 2024. The video was published on May 7, 2024.

Source Fool.com

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