CCC (CCC) vs. GWRE and IOT: Can High Margins and Recurring Revenue Attract a Strategic Buyer?

Is CCC a good stock to buy? We came across a bullish thesis on CCC Intelligent Solutions Holdings Inc. on One Idea Per Day’s Substack by Paul. The thesis was published on July 18^th, when the stock was trading at $6.05, and CCC has gained 26.77% since then. The rally appears mainly driven by GTCR (a private equity firm) and Elliott Investment Management’s agreement to buy the company for $7.75 per share, helping extend its recovery since June despite its decline over the past year. In...