Tuesday, August 4, 2015

Groupon Is A Screaming Buy

Since Groupon (NASDAQ:GRPN) sold a majority stake in its TicketMonster Unit, the share price tumbled to historical lows. It went from $8.18 in April to $4.82 right now, having decreased by more than 40% in a couple of months. The market was expecting more from this deal but it fails to realize that it was actually a good deal to Groupon. While it decreases total revenues reported, it strengthens the balance sheet and enhances the cash position. In this article, I'm going to explain why I do believe Groupon offers a tremendous value at these depressed prices going forward.

Read more: here.

Kasteel Research

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