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Internet Brands Inc. (INET) [hlAlert]

Rating:
Buy INET
down 20.26 %

Internet Brands Inc. (INET) rated Buy with price target $12 by Broadpoint AmTech

Posted on: Monday,  Apr 12, 2010  9:25 AM ET by Broadpoint AmTech

Broadpoint AmTech rated Buy Internet Brands Inc. (NASDAQ: INET) on 04/12/2010, when the stock price was $9.82. Since
then, Internet Brands Inc. has lost 20.26% as of 12/17/2011's recent price of $7.83.
If you would have followed this Broadpoint AmTech's recommendation on INET, you would have lost 20.26% of your investment in 614 days.

Internet Brands, Inc. is an Internet media company. The Company owns, operates and grows branded Websites. The Company operates in two segments: consumer Internet and licensing. The Company operates network of Websites, grouped into five vertical categories: automotive, careers, home, shopping, and travel and leisure. The Company operates approximately 80 Websites, which are referred as principal Websites. During the fiscal year ended December 31, 2008, the Company completed 29 Website-related acquisitions. In October 2009, the Company announced the launch of a Health vertical its Consumer Internet Division. The Health vertical includes two recent acquisitions, HealthNews.org and Vasectomy.com, and six Websites in total.

Broadpoint AmTech
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/12/2010 9:25 AM Buy
None
9.82 12.00
as of 12/31/2010
1 Week   
1 Month up  93.19 %
3 Months up  67.29 %
1 YTD up  35.94 %

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