Hedgeye CEO Keith McCullough is adding Match Group (MTCH) to the long side of Investing Ideas. Below is a brief note.
#Quad2 Bull markets are a lot of fun.
Subscribers to both The Call @Hedgeye and Andrew Freedman's Communications Pro product know that Match Group (MTCH) is one of his Best Ideas on the long side right now.
It's corrected in the last few days, so that's when you buy-more.
Here's the headline from the note he published to subscribers on September 25th, 2020:
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LONG MATCH GROUP (MTCH); +40% UPSIDE We are adding Match Group, Inc. (MTCH) as an active Long in the Hedgeye Communications Position Monitor. We believe MTCH's portfolio strength will be put on display in the coming years, with Hinge leading the next phase of growth. Tinder will continue to be the portfolio anchor but will become a less meaningful contributor to revenue and EBITDA growth. |
KM
