Key Points The S&P 500 is getting overheated, but there are still plenty of undervalued plays. Opendoor’s business should stabilize as interest rates decline. Lumen’s big cloud and AI contracts could drive its long-term recovery. 10 stocks we like better than Opendoor Technologies › As the S&P 500 hovers near its all-time highs, it might not seem like the best time to buy new stocks. After all, Warren Buffett warned investors to be "fearful when others are greedy" -- and there's a lot of greed ba ...

However, the Fed's rate hikes in 2022 and 2023 ended the post-pandemic housing boom while driving up the costs of buying and renovating those properties. That's why Zillow and Rocket's Redfin both shut down their integrated iBuying platforms in 2022. But with Zillow and Redfin out of the picture, Opendoor is the one big major iBuyer standing. It's expected to generate more than six times as much revenue as its closest competitor, Offerpad, this year. So if interest rates decline, the housing market warms up ...