Why Buzzfeed Stock Is the One Digital Media Company to Buy
Buzzfeed stock will soon go public via merger with a special purpose acquisition company (SPAC).
The SPAC is called 890 Fifth Avenue Partners (NASDAQ: ENFA) but will soon be called Buzzfeed.
The digital media business model looks shaky to many investors – we talked about this when we covered the Vice Media IPO – but Buzzfeed is different.
Buzzfeed stock might be the one digital media company worth buying when it goes public.
Tags: Stocks to Buy
The post Why Buzzfeed Stock Is the One Digital Media Company to Buy appeared first on Money Morning – We Make Investing Profitable.
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