Cramer: Zillow’s home-flipping plan is too risky even with a new CEO – The Florida Post

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"I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky. I’m not yet sold on the new Zillow, even with a much better class of CEO," Jim Cramer says.

Zillow’s home-flipping plan too risky even with new ceo: cramer 6:45 PM ET Tue, 9 April 2019 "I liked the old Zillow, even if it was slowing down a bit, as it was a lot less risky.

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 · It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, Cramer said.. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take just as long to realize $20 billion in annualized revenue.

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It’s too early to make a bet on Zillow and its fledgling home-flipping business even under new management led by co-founder Rich Barton, CNBC’s Jim Cramer said Tuesday. The online real estate marketplace expects core business revenue to grow 56% within the next five years, but their cash-burning plan to buy and sell homes could take just as long to realize $20 billion in annualized revenue.