Infomedia (ASX:IFM) a stock with significant catalysts
Infomedia (ASX:IFM) a stock with significant catalysts. Infomedia provides electronic parts catalogues for the automotive industry. Effectively they create and maintain databases of all the parts that go into new vehicles and provide a suite of value added tools that car dealers use for sourcing and quoting on parts. Matt Haupt from Wilson Asset Management says there are a number of reasons to like the stock. Specifically, they like the fact that Infomedia generates substantial earnings from offshore. In addition the company is relatively difficult to replicate due to the data intensive nature of their product offering. The stock has had a strong rally during 2014, however, Wilson Asset Management believe there are a number of catalysts that provide the potential for significant additional upside in the coming years. More detail is available in this video:
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