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Jim Cramer Explains Why Match Group Was Expelled from the S&P 500
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Match Group, Inc. (NASDAQ:MTCH) is one of the stocks Jim Cramer discussed amid the reshuffling of the S&P 500. Cramer highlighted the shrinkage of the company’s market cap over the past 5 years, as he commented: So what about the companies that got expelled from the S&P? First, Match Group. Now, this is a dating app company that you might recognize as Tinder, Hinge, Match for several other platforms. I know nothing about online dating, thank heavens, but I do know that Match’s stock is down nearly 80% over the past five years. The market cap has shrunk to $7 billion, which is now too small for the S&P 500. Photo by René Ranisch on Unsplash Match Group, Inc. (NASDAQ:MTCH) provides digital technologies primarily for dating and connection, through brands including Tinder, Hinge, and OkCupid. We recently discussed several analysts’ price revisions around the stock, which you can read about here. While we acknowledge the potential of MTCH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. Follow Insider Monkey on Google News.