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IAC Inc. (IAC): A Bull Case Theory

We came across a bullish thesis on IAC Inc. on High Growth Investing’s Substack by Stefan Waldhauser. In this article, we will summarize the bulls’ thesis on IAC. IAC Inc.'s share was trading at $ 37.14 as of June 20th. Please note that the original thesis was published in November.

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IAC, a long-standing holding in the author’s model portfolio, continues to trade well below intrinsic value, with shares at $47...