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Technology Stocks : Groupon, Inc.
GRPN 17.94-5.1%Nov 7 9:30 AM EST

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From: Rock_nj11/11/2012 10:30:23 PM
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This article makes GRPN look like a strong buy. GRPN has the highest growth rate for 2013 and lowest forward P/E. That is a recipe for higher prices. The skepticism surrounding GRPN is overblown.

4 High-Growth Internet Stocks To Buy, 1 To Avoid

Groupon has always been under severe criticism since it filed for IPO. To begin with there were a series of posts (see here, here and here) on Techcrunch which focused on how company's high commission structure is hurting small businesses. Then there were issues regarding the company's questionable accounting practices. However, despite of all these controversies, Groupon's business fundamentals continues to improve. The company posted profits for the first time this year and its EPS is likely to double going into the next year. At forward PE of just 10.74x and leadership position in daily deals segment, I believe stock offers good risk adjusted returns.

seekingalpha.com
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