CRCM - Care.com Is A Speculative Buy; Investments In New Business Masking Profitability Of Legacy Business
Investor concerns regarding bad press and the CFO resignation are overly negative. The current share price of Care.com (NYSE: CRCM) is justified by the core U.S. Consumer business and substantial cash balance with significant upside should the rapid Care@Work B2C expansion continue.
Value of Core Product Offering
Care.com provides matching services for caregivers and families. Their target market includes all households with income greater than $50,000 and 15% of households with income less than $50,000, in each case with either a child under the age of 18 or a senior over the age of