Free Trial

7 Mid-Cap Stocks to Buy For When the Fed Gets Serious - 5 of 7

 
 

#5 - Vimeo (NASDAQ:VMEO)

If you’re willing to take a walk on the speculative side of things, you may be interested in Vimeo (NASDAQ:VMEO). The stock has been under heavy selling pressure and is trading near 52-week lows. And as part of the technology sector, the losses have been accelerating since the beginning of 2022.

The company is “the world’s leading all-in-one video software solution.” Vimeo claims over 230 million users that range from start-up entrepreneurs to some of the world’s largest companies.

The company offers a video-as-a-service business model. In addition to a free basic package, consumers can join on several different tiers with fixed monthly costs. Vimeo is expanding its product offering with features like Video Library and Vimeo Events that include a do-it-yourself production studio.

This is a highly competitive sector. So you shouldn’t put capital at risk that you can’t afford to lose. However, the consensus 12-month price target of analysts tracked by MarketBeat is $36.57, a 186% upside from the VMEO stock price as of this writing.

About Vimeo

Vimeo, Inc, together with its subsidiaries, provides video software solutions worldwide. It provides the video tools through a software-as-a-service model, which enables its users to create, collaborate, and communicate with video on a single platform. The company also offers over-the-top OTT streaming and monetization services; AI-driven video creation and editing tools; and interactive and shoppable video tools. Read More 
Current Price
$6.72
Consensus Rating
Moderate Buy
Ratings Breakdown
2 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$7.50 (11.6% Upside)

 

Rare "crisis signal" triggers for third time in U.S. market (Ad)

A rare pattern has just repeated for the third time in U.S. history. The last two times this happened, the market crashed 78% (the dot-com bust) and 89% (the Great Depression). Today, according to one of America's leading experts (who has predicted nearly every financial crisis of the last 25 years), what's coming next could soon crash the market by 50% or more, and keep it down for 10, 20, or even 30 years.

Click here for all the details.