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Angi Inc. (ANGI): A Bull Case Theory

We came across a bullish thesis on Angi Inc. (ANGI) on Substack by Michael. In this article, we will summarize the bulls’ thesis on ANGI. Angi Inc. (ANGI)'s share was trading at $1.57 as of March 14th. ANGI’s trailing and forward P/E were 22.50 and 10.03 respectively according to Yahoo Finance.

[caption id="attachment_565532" align="aligncenter" width="750"] Andrey_Popov/Shutterstock.com[/caption]

ANGI, a publicly traded company currently 85% owned by IAC, is set to be spun off to IAC shareholders on March 31, 2025. The stock has suffered a massive 92% decline from its 2018...