Better Buy: iQiyi vs. Match Group
iQiyi (NASDAQ: IQ) and Match Group (NASDAQ: MTCH) both generated robust returns in 2019. Shares of iQiyi, one of China's top video platforms, rallied more than 40%. Shares of Match, the online dating giant that owns Tinder and other popular dating apps, surged over 90%.
Yet 2020 has been much tougher, as the COVID-19 pandemic hammered the broader markets. iQiyi's slowing growth, lack of profits, and recent allegations of fraud caused its stock to tumble nearly 20%. Match's stock also dipped nearly 20% as investors evaluated its abrupt CEO change and the pandemic's impact on online dating habits.
However, investors who thought both stocks were too hot to handle last year might be wondering if either stock is worth buying after the COVID-19 crash. Let's dig deeper to see which stock is the more appealing investment.
Source Fool.com
