Hedge Funds Show Increased Interest In IAC Interactive Stocks

IAC Interactive (NASDAQ: IACI), one of our top 5 stock picks, which includes few famous brands like Ask.com, About.com, Match.com, HomeAdvisor.com and Vimeo.com, had an increased traction of buying momentum recently. Greenlight Capital in its filing had stated that it had acquired an additional 1.4 million shares in IAC Interactive. With Google’s contract valid till 2016 contributing about 77% of its revenues, we find the company to have high-growth prospects.

To see IAC Interactive’s latest stock price movement, click here (NASDAQ: IACI)

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice.

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