Nextdoor (NYSE: KIND) isn’t exactly the most widely followed social media stock, but far too many investors are ignoring this business. Not only is Nextdoor on the cusp of turning profitable, but it also has a stellar balance sheet and massive growth potential. If its founder-CEO can continue to move the business in the right direction, this sub-$1 billion stock could be a big winner.
*Stock prices used were the morning prices of Nov. 13, 2024. The video was published on Nov. 14, 2024.
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*Stock Advisor returns as of November 11, 2024
Matt Frankel has positions in Nextdoor. The Motley Fool recommends Nextdoor. The Motley Fool has a disclosure policy.
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