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Top Real Estate Stocks To Keep An Eye On - August 28th

Bank of America logo with Finance background

Key Points

  • The top three real estate stocks to watch are Bank of America, Opendoor Technologies, and MercadoLibre, chosen based on high trading volume.
  • Opendoor Technologies operates a digital platform for residential real estate transactions, facilitating home buying and selling directly through its services.
  • MercadoLibre provides an online commerce platform and financial technology solutions, enabling users to conduct digital transactions and payments effectively.
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Bank of America, Opendoor Technologies, and MercadoLibre are the three Real Estate stocks to watch today, according to MarketBeat's stock screener tool. Real estate stocks are shares of publicly traded companies that own, develop, manage or finance income-generating properties such as office buildings, shopping centers and residential complexes. By buying these stocks, investors gain exposure to the real estate market without directly purchasing physical property. Many real estate stocks, especially real estate investment trusts (REITs), also pay out a significant portion of their rental income as dividends. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Read Our Latest Research Report on BAC

Opendoor Technologies (OPEN)

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company's product offerings comprise sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer.

Read Our Latest Research Report on OPEN

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Read Our Latest Research Report on MELI

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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