Social Distancing Looks Good On IAC

Apr. 23, 2020 11:10 AM ETIAC Inc. (IAC) StockIAC

Summary

  • Each crisis has a legacy.
  • Social distancing will remain the rage for the foreseeable future.
  • Technology will continue to boom.
  • Dating and services will evolve.
  • IAC is a leader in the sector.
  • Looking for more stock ideas like this one? Get them exclusively at Hecht Commodity Report. Get started today »

Interactive Corp (IAC) operates as a media and internet company around the globe. The company puts people together. It’s dating segment or Match Group includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, OurTime, as well as other brands that connect parts of the population looking for partners in life. The Homeservices segment connects service providers with consumers for home repair, maintenance, and improvement projects. The websites help people locate local, pre-screened, and consumer-rated service professionals and book appointments via mobile applications and websites through its HomeAdvisor and Angie’s List brands.

IAC’s Vimeo segment operates a video platform for professionals, small and medium businesses, organizations, and enterprises to connect with audiences, customers, and employees through the Vimeo, Magisto, and Livestream brands. IAC has been around since 1986, but the company could experience a significant increase in business in the aftermath of the global pandemic.

Each crisis has a legacy

Throughout history, each crisis has changed markets and behaviors. In 1987, the stock market crash caused the introduction of circuit breakers to the stock market. The 2008 financial crisis led to profound regulatory changes when it comes to clearing over-the-counter transactions, the balance sheets of financial institutions, and many other aspects for trading and investing. Those events were financial

The 2020 Coronavirus crisis touches every man, woman, and child in the world. The legacy of the current crisis may be a long-lasting phobia when it comes to the microscopic enemies that are causing the virus.

Social distancing will remain the rage for the foreseeable future

Only a few short months ago, the concept of social distancing was more appropriate for an abnormal psychology textbook. Many professionals consider a hermit or a recluse a person with a “Social Phobia or Social Anxiety Disorder” or an “Avoidant Personality Disorder.” Many psychiatrists

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This article was written by

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Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals.

He runs the investing group The Hecht Commodity Report, one of the most comprehensive commodities services available. It covers the market movements of 20 different commodities and provides bullish, bearish and neutral calls; directional trading recommendations, and actionable ideas for traders. Learn more.

Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

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