Hen Solo
11-21 09:51

Great article, would you like to share it?

@Barcode：$Douglas Elliman Inc.(DOUG)$ 🏠📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈🏡 📈🏠📈 $DOUG: From Supercycle Decline to Real Estate Revival – Target $4+ 🏠📈🏡 Kia ora Tiger traders! My Take: Bullish at today’s open~Douglas Elliman (NYSE: DOUG) is stepping out of its supercycle decline and into recovery mode, targeting $4+ in the medium term. The famed New York 🍎 realtor is undervalued and ripe for a turnaround rally. Key Financial Highlights (21Nov24, 🇳🇿NZ Time): • Pre-Market Price: $2.27 (+15.23%). • Price-to-Sales (P/S) Ratio: 0.2x, far below industry averages of 2.4x+. • Revenue Growth Forecast: Expected 23% YoY growth, outpacing the industry average of 17%. • Market Capitalisation: $208.5M, with a low-risk profile for recovery investors. Today’s Technical Outlook: • Current Price: $2.27. • Resistance Levels: $3 (short-term), $4 (next breakout target). • Chart Pattern: Forming a bullish cup-and-handle pattern, pointing to a strong upward momentum. Analyst Ratings: • Strong Buy: 100% 🟢 • Upside Potential: Analysts estimate higher revenue growth, yet market sentiment hasn’t caught up. Chart Insight: The technical setup shows DOUG breaking free from a prolonged downtrend, supported by volume spikes and bullish price action. This is a classic recovery play, with a clear trajectory toward $4+. Why DOUG Matters: As a leading name in real estate, Douglas Elliman is poised for a comeback. While its revenue growth has lagged in recent years, forecasts suggest a strong rebound. With a P/S ratio well below industry standards, DOUG offers significant value for traders and long-term investors alike. The famed New York realtor might have suffered from poor IPO timing, but its fundamentals and industry leadership position make it a compelling turnaround story. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerObserver @TigerPM @TigerStars @Daily_Discussion @TigerPicks @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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