September 29, 2005
SpeculatingStocks.com Stock Pick: ValueClick, Inc. (VCLK)
Stock Price: $17.09 (long-term strong buy)
We originally released VCLK as a stock pick at $11.93 back in the middle of March. In mid-June it started trending higher and has since reached a high of $17.64.
ValueClick, Inc. is the single-source provider of media, technology and related services that enable advertisers, agencies and publishers to reach consumers in all major online marketing channels. Marketing channels include display/Web advertising, search marketing, e-mail marketing and affiliate marketing.
ValueClick just acquired FastClick increasing revenue guidance for the full year to $291 - $301 million and an extra $2 million in EBITDA. VCLK is now practically locked in to beat their 2005 view.
SpeculatingStocks.com Target Price: We are placing a new 3 - 6 month target on VCLK of $26.00.
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