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Enter Symbol:
 
Iac/interactivecorp (IACI) [hlAlert]

Rating:
Buy IACI
up 79.28 %

Iac/interactivecorp (IACI) rated Buy with price target $42 by Morgan Joseph

Posted on: Monday,  Oct 10, 2011  12:25 PM ET by Morgan Joseph

Morgan Joseph rated Buy Iac/interactivecorp (NASDAQ: IACI) on 10/10/2011, when the stock price was $39.97. Since
then, Iac/interactivecorp has gained 79.28% as of 01/05/2016's recent price of $71.66.
If you would have followed this Morgan Joseph's recommendation on IACI, you would have gained 79.28% of your investment in 1548 days.

IAC/InterActiveCorp (IAC) operates diversified Internet businesses in the United States and various jurisdictions abroad. The Company operates in four segments: Media & Advertising, Match, ServiceMagic and Emerging Businesses. Media & Advertising consists primarily of its search business. Match segment is a provider of subscription-based online personals services. ServiceMagic is an online marketplace. Emerging Businesses segment consists primarily of Shoebuy and Pronto. In April 2009, the Company announced the acquisition of Urbanspoon, an online local restaurant guide that aggregates restaurant reviews from across the Web, from newspapers and professional food critics to bloggers and diners. In July 2009, the Company announced the launch of Notional, a video content company.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2011 12:25 PM Buy
None
39.97 42.00
as of 12/30/2011
1 Week up  2.53 %
1 Month up  12.56 %
3 Months up  6.42 %
1 YTD up  6.42 %

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