Seeking Alpha

Trulia (TRLA -2.6%) and ValueClick (VCLK +2%) head in opposite directions after Goldman starts...

Trulia (TRLA -2.6%) and ValueClick (VCLK +2%) head in opposite directions after Goldman starts the former at Neutral, and the latter at Buy. Goldman sees Trulia benefiting from the housing recovery, strong online real estate ad uptake, and growing mobile activity, but is worried about competition and a steep valuation (20x 2014E EV/EBITDA). ValueClick, meanwhile, is seen as the "purest play" in the online ad tech space (ad tech ops make up 60% of sales).
Comments (1)
  • BlueVelvet
    , contributor
    Comments (41) | Send Message
     
    Another win for the analysts of GS. NOT!
    13 Feb 2013, 02:10 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs