- Live Ventures is a small conglomerate consisting of a GameStop type business, a housing/flooring play, and a steel company.
- Once a promotional favorite of the shorts, the company has acquired and operated its businesses with notable excellence.
- It's been four years since the company started turning things around, but the market forgot to update the share price.
- The businesses got very profitable during the pandemic and have organic growth. The company is also well-positioned to make another acquisition.
- Live Ventures was safer than Berkshire during the pandemic, and a $198 price target downplays the stock's profitability and growth.
For further details see:
Live Ventures: A Mini Berkshire, Price Target $198