I bought Zillow (ZG -1.25%) (Z -1.05%) 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.