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IAC/InterActiveCorp (IAC - Free Report) was a big mover last session, as its shares rose over 14% on the day. The move came after the company that the company has entered into a definitive agreement to combine its HomeAdvisor business with Indianapolis-based Angie's List in a stock-for-stock and/or cash-for-stock transaction. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 30% in the past one-month time frame.
The company has seen one positive and one negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
IAC/InterActiveCorp currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Is IAC going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
IAC/InterActiveCorp (IAC) Catches Eye: Stock Adds 14.3%
IAC/InterActiveCorp (IAC - Free Report) was a big mover last session, as its shares rose over 14% on the day. The move came after the company that the company has entered into a definitive agreement to combine its HomeAdvisor business with Indianapolis-based Angie's List in a stock-for-stock and/or cash-for-stock transaction. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 30% in the past one-month time frame.
The company has seen one positive and one negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
IAC/InterActiveCorp currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
IAC/InterActiveCorp Price
IAC/InterActiveCorp Price | IAC/InterActiveCorp Quote
A better-ranked stock from the Internet-Commerce space is EVINE Live Inc. (EVLV - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is IAC going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>