5 Tech Stock Picks of Seth Wunder’s Black-And-White Capital

1. Match Group, Inc. (NASDAQ:MTCH)

Black-And-White Capital’s Stake Value: $67,693,000
Percentage of Black-And-White Capital’s 13F Portfolio: 6.99%
Number of Hedge Fund Holders: 63

Match Group, Inc. (NASDAQ:MTCH) tops the list of 10 tech stock picks of Seth Wunder’s Black-And-White Capital. It is a technology and internet firm based in the United States. It owns and manages the world’s biggest online dating portfolio, with over 45 brands including Tinder, Match.com, Meetic, OkCupid, Hinge, PlentyOfFish, Ship, and OurTime.

Truist analyst Youssef Squali raised his price target on Match Group, Inc. (NASDAQ:MTCH) to $190 from $160 and kept a “Buy” rating on the shares.

ClearBridge Investments, in its second-quarter 2021 investor letter, mentioned Match Group, Inc. (NASDAQ:MTCH). Here is what the fund said:

“We initiated a position in Match Group in the quarter, the leading provider of dating products globally with 50%+ share of global online dating users. While this increases our overweight to the communication services sector, it adds indirect exposure to the consumer and diversifies the portfolio at the subsector level with an interactive media and service company, versus our historical overweight within traditional media. We see Match as a disruptor in the large, relatively underpenetrated market for online dating (there are 620 million global singles between 18 and 65, excluding China, versus the company’s 10 million paying subscribers today), and believe the company is well-positioned to benefit from a post-COVID-19 return to normalcy. We are also attracted to Match’s strong profitability profile and high degree of visibility given a large portion of revenue is subscription based.”

You can also take a peek at 12 Best Big Tech Stocks to Buy Right Now and 10 Best Tech Stocks to Buy Now According to Orkun Kilic’s Berry Street Capital