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Is IAC Undervalued? With Ramneek Kundra (Ticker: IAC)

Chit Chat Stocks

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Care.com

IAC bought care.com for $500 million, which is about 12 times GAP earnings on a PE ratio basis. The company grew more than 100% over the next two years. I think going forward can do wonders for IAC because this could be multiples of what IAC basically paid for it. If ever it turns around, you will have a home run. And if you don't, like IAC will do pretty well from here in my opinion.

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