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MTCH - Match Group: Possible Turnaround Stock But Too Much Gambling For My Taste
Match Group Inc.
2024-07-14 04:19:46 ET
Summary
Match Group has several positive aspects: globally recognized apps, good margins, and share buybacks.
The market currently assigns the company a relatively low valuation as user numbers have recently fallen.
If Tinder's user numbers turn around and Hinge continues to perform well, the market could again attribute a higher valuation to the share, which could then lead to excellent returns.
But this turnaround bet is too much gambling for my taste.