SEEKING ALPHA – Nov 11 – Wall Street may be misunderstanding the company by not fully valuing Tinder's phenomenal growth prospects into its models. Moreover, the valuation of the company's shares are reasonable, trading for ~14 times earnings, 1.84 times sales, and also yielding a 2.1% dividend. IAC has a portfolio of more than 150 brands, which offers longs a major margin of safety. Unlike other companies, which hinge primarily on a single app, this company is spread over many internet sites across many sectors.
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