CAR Trumps REA, Seek as Top Australian Internet Pick -- Market Talk

Dow Jones

2025/06/13

0019 GMT - CAR Group's recent relative underperformance help supports the vehicle advertiser as Citi analyst Siraj Ahmed's top pick of Australian internet stocks. Ahmed observes that CAR has underperformed both jobs marketplace Seek and property advertiser REA over the past 12 months amid slowing U.S. growth and broader economic concerns. However, he reminds clients in a note that CAR's U.S. exposure includes boat advertising. The market is underestimating the growth potential here, he adds. Seek is No. 2 pick and News Corp-controlled REA is No. 3. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 12, 2025 20:19 ET (00:19 GMT)

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Ahmed observes that CAR has underperformed both jobs marketplace Seek and property advertiser REA over the past 12 months amid slowing U.S. growth and broader economic concerns. However, he reminds clients in a note that CAR's U.S. exposure includes boat advertising. The market is underestimating the growth potential here, he adds. Seek is No. 2 pick and News Corp-controlled REA is No. 3. News Corp is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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Ahmed observes that CAR has underperformed both jobs marketplace Seek and property advertiser REA over the past 12 months amid slowing U.S. growth and broader economic concerns. However, he reminds clients in a note that CAR's U.S. exposure includes boat advertising. The market is underestimating the growth potential here, he adds. Seek is No. 2 pick and News Corp-controlled REA is No. 3. News Corp is the parent company of Dow Jones &amp; Co., publisher of The Wall Street Journal and Dow Jones Newswires. 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Ahmed observes that CAR has underperformed both jobs marketplace Seek and property advertiser REA over the past 12 months amid slowing U.S. growth and broader economic concerns. However, he reminds clients in a note that CAR's U.S. exposure includes boat advertising. The market is underestimating the growth potential here, he adds. Seek is No. 2 pick and News Corp-controlled REA is No. 3. News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士","REA.AU":"REA GROUP LTD","CAR.AU":"CAR GROUP LTD","BK7503":"科技股","BK7002":"互动媒体与服务","SEK.AU":"SEEK LTD"},"translate_title":"CAR击败REA、Seek成为澳大利亚互联网首选——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAR.AU":0.9,"REA.AU":0.9,"SEK.AU":0.9,"CAR":1},"content_text":"0019 GMT - CAR Group's recent relative underperformance help supports the vehicle advertiser as Citi analyst Siraj Ahmed's top pick of Australian internet stocks. Ahmed observes that CAR has underperformed both jobs marketplace Seek and property advertiser REA over the past 12 months amid slowing U.S. growth and broader economic concerns. However, he reminds clients in a note that CAR's U.S. exposure includes boat advertising. The market is underestimating the growth potential here, he adds. Seek is No. 2 pick and News Corp-controlled REA is No. 3. 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