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Enter Symbol:
 
Bankrate Inc (RATE) [hlAlert]

Rating:
Buy RATE
down 48.69 %

Bankrate Inc (RATE) rated Buy with price target $26 by Argus

Posted on: Tuesday,  Mar 10, 2009  8:25 AM ET by Argus

Argus rated Buy Bankrate Inc (NYSE: RATE) on 03/10/2009, when the stock price was $18.81. Since
then, Bankrate Inc has lost 48.70% as of 01/20/2016's recent price of $9.65.
If you would have followed this Argus's recommendation on RATE, you would have lost 48.69% of your investment in 2507 days.

Bankrate, Inc. (Bankrate) is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers with personal finance editorial content across multiple vertical categories, including mortgages, deposits, insurance, credit cards, and other categories. The Company's flagship Website, Bankrate.com, aggregates information on more than 300 financial products and fees, including mortgages, credit cards, automobile loans, money market accounts, certificates of deposit, checking and automated teller machine fees, home equity loans, and online banking fees. The Company offers services, including Mortgages and Home Lending, Deposits, Insurance, Credit Cards and Other Personal Finance Products. During the year ended December 31, 2010, Bankrate acquired certain assets and liabilities of Jim Wang Enterprises, LLC. The Company acquired the stock of NetQuote Holdings, Inc. and CreditCards.com. On January 1, 2011, Bankrate acquired Trouve Media.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2009 8:25 AM Buy
None
18.81 26.00
as of 12/24/2009
1 Week   
1 Month   
3 Months up  15.05 %
1 YTD up  51.51 %

(*) Stock Price at the time of the recommendation.
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