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Posted by
Two Blokes Jul 26 -
Filed in
Stock
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2 views
NerdWallet is a great content business, but the market is under-rating the company's moves towards vertical integration. We expect GAAP profitability to improve rapidly as these changes filter down the income statement. Trading at under 10x EV/FCF, we think shares look incredibly cheap, and investors at this price could enjoy multiple expansions in addition to organic growth.
