Is IAC a good stock to buy?
We came across a bullish thesis on IAC Inc. on High Growth Investing’s Substack by Stefan Waldhauser
In this article, we will summarize the bulls’ thesis on IAC. IAC Inc.’s share was trading at $42.24 as of June 9th. IAC’s forward P/E was 200.00 according to Yahoo Finance.
IAC Inc., together with its subsidiaries, operates as a media and internet company worldwide. IAC rebranding into People Incorporated marks a decisive structural reset that effectively signals the end of its long-running identity as a sprawling internet holding company and the beginning of a far more focused investment narrative. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential Under Barry Diller’s leadership, the company is being simplified into two core pillars: People Inc., its digital publishing and media ecosystem, and its strategic 26% stake in MGM Resorts, now valued at approximately $2.6 billion. The change, formalized in Diller’s April 28, 2026 shareholder letter, is more than cosmetic, as it explicitly confirms a pivot away from opportunistic capital allocation and toward concentrated operating ownership and high-conviction assets.