Is IAC Inc. (IAC) A Good Stock To Buy Now?

Is IAC a good stock to buy? 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 $42.24 as of June 9^th. IAC’s forward P/E was 200.00 according to Yahoo Finance.

IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. IAC rebranding into People Incorporated marks a decisive structural reset that effectively signals the end of its long-running identity as a sprawling internet holding company and the...