IAC - IAC/InterActiveCorp Is A Long-Term Buy Based On Secular Growth Trends
IAC/InterActiceCorp introduction
IAC /InterActiveCorp isn't a very well known stock, but has fared very well over the years. Since July 1, 2014, the stock went from $67 to $228, significantly outperforming the S&P and Nasdaq indexes.
Let's start with a short introduction of the company. IAC is essentially a holding company of internet brands, product and services.
IAC, in my opinion, is a way to capitalise on the growing demand for internet products and services in developed markets. They have a small exposure to emerging markets.
Because it has so many different brands in the