It looked like it was trending upwards, so I bought 356 shares on July 1st and today it is up 12%.
This is a risky 'bet' but I am holding for a while. It may be undervalued and could reach $4.
I am not an expert in this industry, so please do your own research before investing and if you cannot afford to lose 90% of your deposit then please avoid this stock!
I am also keeping an eye on UK drinks firm Diageo (DGE). This has dropped 24% in a year but has good cash flow and net profit margin of nearly 20%. It too may be undervalued and it looks like it is bouncing up (a hot summer could not hurt it either!). It pays approx. 3% dividend.
P.S. I bought £500 of Rightmove in May 2025, picked up a £4 dividend May 23rd, and sold today for £552 to lock in profit. See here for tip mention.