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We couldn't agree more.
We recommended the Portland, Ore.-based Rentrak back in June as a Big Data play with a hefty upside long-term upside. Even Zacks Equity Research saw the potential, noting that "investors haven't quite embraced the rising estimate story yet, but [that tells us] that the potential for a big move higher is definitely there."
Indeed, in a research report issued just as we were analyzing the stock, Zacks gave Rentrak its top No. 1 ("Strong Buy") ranking, which put the profit play in market-beating "Zacks Effect" territory.
In the interim, Rentrak sold off.
And earlier this week the company and comScore struck a $2.4 billion stock-for-stock merger deal that values Rentrak at between $47.69 and $51.75 a share.
And that low valuation is the problem - as I'm going to detail in today's Private Briefing.
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