5 Tech Stocks to Invest in Today According to Thomas E. Claugus' GMT Capital – Insider Monkey

In this article, we will discuss the 5 tech stocks to invest in today according to Thomas E. Claugus’ GMT Capital. If you want to read our detailed analysis of Claugus’ history, investment philosophy, and hedge fund performance, go directly to the 10 Tech Stocks to Invest in Today According to Thomas E. Claugus’ GMT Capital.  5. IAC/InterActiveCorp (NASDAQ: IAC) Claugus’ Stake Value: $27,057,000Percentage of Thomas E. Claugus’ 13F Portfolio: 2.01%Number of Hedge Fund Holders: 50 IAC/InterActiveCorp (NASDAQ: IAC) is an international media and internet company. It was founded in 1995 and is placed fifth on the list of 10 tech stocks to invest in today according to Thomas E. Claugus’ GMT Capital. IAC/InterActiveCorp (NASDAQ: IAC) shares have offered investors more than 62.91% in returns over the course of the past 12 months. On August 24 Citi analyst Nicholas Jones lowered the price target on IAC/InterActiveCorp (NASDAQ: IAC) to $175 from $185 and kept a “Buy” rating on the shares. The analyst attributes the target reduction to comp group multiple contractions and weaker Angi Inc. (NASDAQ: ANGI) expectations. On August 4, IAC/InterActiveCorp (NASDAQ: IAC) posted earnings for the second quarter of 2021. It reported earnings per share of $2.02 where the…
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