One stock I've been involved in in the past, and has an interesting story around it, is IAC/InterActiveCorp (IACI). IACI is a company with a portfolio of internet stocks, including Ask.com, Match.com and Ticketmaster. It said a month ago that it planned to split into 5 separate businesses to realize value, and also signed a 5-year deal with Google to show advertising on Ask.com.
2y Chart of IACI
With the whole business having a market cap of $8.1bn, even just growing Ask.com such that at some point in the future it can compete with Google could be huge, as Google has a $224bn market cap. Add in the fact it's trying to make a go of it in China, and it seems that this rag-bag of 60 brands could indeed be worth substantially more than the current market cap. With a forward P/E of just 15.7, and shares 30% off the highs of this year, this looks like a decent entry point, and we'll wait for some more newsflow regarding the break-up into separate businesses. Buying just under $12k worth at 28.67.
What say you?