The Fed could be this stock’s best friend in 2025

Real estate technology company Redfin (NASDAQ: RDFN) it’s not profitable right now, but management is certainly doing a good job focusing on efficiency and setting the company up for success once the agonizingly slow housing market returns. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss why Redfin could be a major winner as the Federal Reserve begins to cut interest rates.

*The stock prices used were the morning prices of August 22, 2024. The video was published on August 24, 2024.

Continue reading