Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- IAC/InterActiveCorp (Nasdaq: IACI) is trading at unusually high volume Tuesday with 2.5 million shares changing hands. It is currently at two times its average daily volume and trading up $1.45 (+3%) at $50.22 as of 4 p.m. ET.
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IAC/InterActiveCorp has a market cap of $4.04 billion and is part of the technology sector and internet industry. Shares are up 3.5% year to date as of the close of trading on Monday. IAC/InterActiveCorp operates as a media and Internet company in the United States and internationally. The company has a P/E ratio of 23.7, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates IAC/InterActiveCorp as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, robust revenue growth, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full IAC/InterActiveCorp Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.