Latest news with #Foord
Business Insider
7 hours ago
- Business
- Business Insider
Opendoor Stock Skyrockets: Here's What This Top Investor Says Comes Next
Opendoor Technologies (NASDAQ:OPEN) just reminded the market that meme mania is still very much alive and kicking. After spending much of the year in the shadows, the heavily shorted real estate tech stock stunned investors with a massive rally, soaring 42% today (following an intraday spike of 120%) and racking up a whopping 500% gain over the past month. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The frenzy was driven by a potent mix of meme-stock magic, short-squeeze speculation, and a bold new endorsement from a well-known hedge fund manager who's calling Opendoor the next Carvana. But does this rally have real staying power, or is it just another meme-fueled mirage? That's the question top investor James Foord is wrestling with. Foord, who's ranked in the top 2% of TipRanks' stock experts, doesn't think the answer is so clear-cut. He's not blindly hopping on the hype train, but he's not ready to write it off either. On the bullish side, Foord highlights Opendoor's commanding presence in the iBuying space, where it now controls roughly 90% of the market following exits by Zillow and Redfin. That kind of dominance, he argues, gives Opendoor an edge in pricing power and data – critical ingredients for optimizing its transaction-driven algorithm, especially as AI capabilities continue to evolve. From a valuation standpoint, the stock recently traded at under 0.2x sales, and even with the latest surge, it's still near 2x book value. Add in a 40% reduction in operating expenses and a $2 billion cash cushion, and Foord sees a potential setup for gains – particularly if interest rates ease in the coming year. But the bear case also looms large. Opendoor remains unprofitable and is saddled with $2.5 billion in debt, a risky position for a company holding housing inventory in a fragile real estate market. Foord cautions that the road to sustainable profitability remains murky, especially with buyers and sellers locked in a stalemate. Moreover, there's the looming risk of dilution. To keep the lights on, Opendoor may need to raise fresh capital – whether to offset ongoing losses, manage its debt, or maintain liquidity amid macro uncertainty. Staying Sidelined on OPEN Stock With both compelling upside and serious risks in play, Foord is choosing to stay on the sidelines. In his view, there just isn't enough clarity in the housing market to take a confident position right now. 'Opendoor is a bet on the housing market. The company needs volume to rebound in order to make its business viable. If management can execute well and mortgages come down, then this could be a great play over the next five years. However, this is highly speculative, and the current rally is a reflection of meme speculation, so investors should be aware that it could come down quite quickly,' Foord summed up. (To view Foord's track record, click here) Wall Street isn't exactly brimming with confidence either. Analysts have slapped a consensus Hold rating on OPEN stock, based on 5 recent calls: 1 Buy, 3 Holds, and 1 Sell. With shares currently at $3.21 and the average price target sitting at just $0.83, that points to a steep 74% downside from here. (See OPEN stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Business Insider
3 days ago
- Business
- Business Insider
‘A Make or Break Moment,' Says Top Investor About Palantir Stock
Palantir (NASDAQ:PLTR) stock continues to spark debate among investors. While the company is delivering impressive results, driven by a rapidly expanding client base across both public and private sectors, its soaring valuation has raised eyebrows. PLTR now trades at multiples more than 10–20× above typical software peers, prompting questions about how much higher it can realistically go. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. That kind of meteoric rise places investors in a tricky predicament – one can admire the company's trajectory yet hesitate to buy in at such elevated levels. Top investor James Foord articulates this tension well, noting that while Palantir's story remains compelling, the narrative could shift dramatically if upcoming earnings fail to meet the market's lofty expectations. 'Stories and sentiment can change, and the next earnings could be the catalyst for this,' explains the 5-star investor, who ranks among the top 2% of TipRanks' stock pros. Yet, for now, the prevailing sentiment remains optimistic. Foord doesn't necessarily foresee an imminent drop. Instead, he emphasizes the market's broader enthusiasm around Palantir and argues that the company could eventually be crowned a member of the 'Magnificent 7' tech elite. Foord attributes much of Palantir's rise to a potent combination of factors: 'larger-than-life' leadership, a promising tech stack, and the broader AI boom that has fueled investor excitement across the sector. As Morgan Housel famously put it, 'the best story wins,' and Palantir is a textbook case. Its secretive government contracts, ambitious AI platform (AIP), and aura of mystery give the stock an almost mythic appeal. But that same opacity is a double-edged sword. If AIP's value is overestimated or rivals catch up, the story could unravel quickly, especially as operating margins, currently around 44%, may already be peaking. Even a modest slip in profitability could shake investor confidence. Is now a good time to invest in Palantir stock? Foord believes the upside outweighs the risk, despite acknowledging the high-stakes nature of the bet. 'The big upside potential is taking center stage, but there's also a big downfall potential for Palantir if the AI darling falls out of favor,' he concludes, while maintaining his Buy rating on the stock. (To watch Foord's track record, click here) Meanwhile, Wall Street is taking a more cautious stance. With 10 Hold ratings, 3 Buys, and 3 Sells, analysts give PLTR a consensus Hold (i.e. Neutral) rating. Moreover, the average 12-month price target of $104.85 suggests a potential downside of ~32% from current levels. (See ) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Irish Daily Mirror
08-07-2025
- Entertainment
- Irish Daily Mirror
Katie McCabe shares loved up pictures of girlfriend as they enjoy sun holiday
Katie McCabe has shared pictures of the sun-soaked holiday that she has enjoyed with her partner Caitlin Foord. Arsenal teammates McCabe and Foord are enjoying some well deserved time in the sun with McCabe's family as they recharge their batteries after a long season. Taking to Instagram, McCabe shared a series of snaps of herself and Foord spending time with McCabe's parents and siblings, captioning the post "quality time in ES + GR," with Foord commenting "Livin our best life." The post has received plenty of attention from McCabe's teammates, with Ireland star Denise O'Sullivan commenting "You look so happy," while Grace Moloney added "unbelievable content." McCabe and Foord are enjoying a well earned break after a successful season at Arsenal which saw the pair play integral roles in the Gunners winning the Women's UEFA Champions League for the first time since 2007. Ireland captain McCabe played a key part in the triumphant win and was front and centre for the celebrations afterwards, memorably leading a sing-song from the open top bus parade. McCabe was a mainstay during Arsenal's European run, featuring in every game and making history by playing the most ever minutes in a single Women's Champions League season.
Business Insider
26-06-2025
- Business
- Business Insider
‘Don't Be a Fool,' Says Top Investor About Nvidia Stock
Nvidia (NASDAQ:NVDA) holds a stunning advantage in the AI race, riding its world-beating GPU chips to unbelievable heights. The company controls some 90% of the lucrative data center market, and its newest Blackwell chips are selling like hotcakes. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter For such a large company, its revenues are still growing strong – 69% last quarter – and despite a one-time $4.5 billion hit due to China restrictions, margins were still above 60%. That resilience has helped turn the tide. While trade tensions and fears of slowing capex spending among the hyperscalers placed some pressure on the company's share price earlier this year, those concerns now appear to be fading fast. NVDA stock is up over 60% since its post-Liberation Day dip in early April – and just today, it notched a new all-time high. Even so, Nvidia isn't out of the woods. Its dominance has made it a target, and rivals are scrambling to catch up. Whether through competing GPUs or emerging photonic and analog in-memory solutions, challengers are actively trying to erode Nvidia's edge. The question looming over the stock is this: Could these alternatives finally knock the giant off its perch? Not likely, says top investor James Foord, who is among the top 2% of TipRanks' stock pros. He believes that Nvidia has a 'secret weapon' up its sleeve – one that will help the company maintain its lead in the AI hardware race for years to come. 'Nvidia Corporation's dominance stems from its integrated AI stack and robust software ecosystem, not just its GPUs,' reminds Foord. In particular, the company's decision to open its CUDA software and NVLink Fusion interconnect to third parties – including Qualcomm and Marvell – could be transformative. This strategic shift, according to Foord, enables Nvidia to become the backbone of the broader AI ecosystem, embedding itself deeply across multiple platforms. The investor likens this to Microsoft's playbook with Windows. Just as becoming the default operating system cemented Microsoft's place atop the computing world, Nvidia could be positioning itself as the de facto OS for AI. 'Creating the dominant OS for computers secured revenues for the company for decades to come, even without the need to succeed in the hardware market,' adds Foord. While the investor concedes that Nvidia's hardware edge may be narrowing, he argues, 'it would be even more foolish not to acknowledge Nvidia still has a stronghold on the market.' As the hardware race heats up, Foord thinks investors might be missing what could be the real prize: AI software. That's where he sees the next big wave of growth and profit – and why he remains firmly bullish on NVDA stock, giving it a Strong Buy rating. (To watch Foord's track record, click here) That's the overall spirit on Wall Street as well. With 35 Buy, 4 Hold, and 1 Sell ratings, NVDA has a Strong Buy consensus rating. Its 12-month average price target of $175.28 has an upside of ~14%. (See NVDA stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Irish Daily Mirror
28-05-2025
- Entertainment
- Irish Daily Mirror
Katie McCabe's relationship with teammate 'still not over this' after win
Just days on from Arsenal's incredible Champions League final win, Katie McCabe has linked up with her Republic of Ireland teammates for the Girls in Green's upcoming UEFA Nations League clashes. Carla Ward's side face Turkey away from home on Friday before hosting Slovenia in Páirc Uí Chaoimh next Tuesday. The Gunners defeated red-hot favourites Barcelona in Saturday's decider in Lisbon and returned to a victory parade in north London after winning the tournament for the first time in 18 years. McCabe played the full 90 minutes of the decider, while her partner Caitlin Foord was also on the pitch up until the 86th minute. While McCabe has made her way to the Ireland camp, her Australian partner was still basking in Arsenal's success on Wednesday morning as she shared a number of photos from the victory parade on Instagram. Foord wrote: "Still not over this! Gooners this was special!!!" The photos included a snap of McCabe and Foord celebrating together, while they were also pictured with the Champions League trophy both at the parade and on the flight home. Tallaght native McCabe and Foord went public with their relationship last year after months of speculation that they were dating. The Ireland captain commented on a series of photos shared by Foord from a romantic break to Rome last May. She wrote 'Amore', which translates to love. And McCabe took to Instagram last November to wish her partner a happy 30th birthday. She wrote: "Dirty 30s." McCabe later added: "Happy birthday my Aussie girl." Meanwhile, earlier this month, shortly before Arsenal's Champions League final win, the couple shared time in Dublin with McCabe's family. Sharing photos online at the time, the Irish star said: "Lots of family love."
