Shaun Currie, CFA
Long/short equity, hedge fund analyst, momentum

Flying Under The Radar, But Not For Long: ZipRealty Has 60% Upside

As I have noted in previous articles, when looking for a company to buy, I try to find some of the following characteristics:

  1. A stock that has fallen out of favor with investors
  2. A stock that has a major catalyst on the horizon
  3. A company that has signaled that they are close to a bottom in their business
  4. A compelling valuation
  5. A stock that is supported by assets that create a "floor" on the stock
  6. Insider Buying

ZipRealty (NASDAQ:ZIPR) is a company that meets 5 of the 6 criteria listed above. The stock has fallen out of favor over the last several years as performance declined during the recession. The company has completed a major restructuring and recently...

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