One Stock I Continue To Love!

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In 2016, Match.com (NASDAQ: MTCH) was spun off by IAC Interactive Corp. at a price of $15 a share.

You may not realize this, but Match is the owner of over 40 dating apps and services, including Tinder, Match.com, and OKCupid.

If you had the good sense to purchase shares of Match at the time of its IPO (initial public offering), you would be up a whopping 373%, or almost 4 times your money.  Those returns are phenomenal by any measure.

However…that’s the past.  Investing is about the future.

Match reported earnings on February 6th, and their revenues and operating income were both up – 21% and 18% respectively – year over year.

The main growth driver for Match is the Tinder app.  The number of average subscribers increased by 40% year over year to 4.3 million.  That is tremendous growth, but 4.3 million subscribers seems like a fraction of the number of subscribers they could have in five to ten years!

As long as people continue to look for love and companionship the potential for Match is huge!

What about competition?  Well, there were some rumblings last year about Facebook (NASDAQ: FB) getting into the online dating game.  Initially the stock price of Match dropped 20% on the news.  It dropped another 20% over the next two months, when the market sold off.

As of this writing, though, the stock has recovered almost all of its loss, and is currently around $56 a share.

Match is the dominant player in online dating, and I believe they will continue to grow and increase their lead for as long as humans need love.  If you’re looking for a stock to start investing in, Match is a very strong candidate.

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

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If You Like Trends, Read This!

One of my favorite activities is reading.

I pretty much like to read books on business-related topics or investing.  That may be boring for many of you, but that’s what I like to read!

I just finished reading a fascinating book called Microtrends Squared by Mark Penn.  It’s a follow-up to a book he wrote 10 years ago called Microtrends.

I am very interested in reading about new developing trends that are taking place in our nation and world.  As an investor, discovering emerging trends can be very profitable if you catch them at the right time and find companies to invest in.

The book is extremely informative and educational.  You need to be aware of what’s happening and how industries are changing!

Penn covers trends in six areas:

1. Love and Relationships

2. Health and Diet

3. Technology

4. Lifestyle

5. Politics

6. Work and Business

We are in the age of disruption.   This book captures mini-trends that are taking place right now that over time can become huge!

For example: in his last book, a decade ago, he identified the emergence of online marriages as a Microtrend.  In 2015 Match.com (NASDAQ: MTCH) went public at $15 a share.  Today, Match trades at $52 a share – up 3 times in value!  This is an example of a Microtrend that became a megatrend.

Microtrends Squared is a fun read.  I highly recommend it, and I hope you enjoy it!

*  The Stock Market is For Everyone, Eric Milton’s short guide to stock market investing for beginners, is available in e-book and paperback formats.  If you like what you see on this blog, we hope you’ll take a moment to purchase and read the book, let us know what you think via a blog comment or Amazon review, and share this information with others!  Thank you. *