Jason Del Vicario Rightmove PLC RTMVY-N PAST TOP PICK May 05, 2020

(A Top Pick May 02/19, Down 12%) They are the UK version of MLS for real estate listings. They dominate the property search business there at 75%. Gross margins are 90% and net margins of 70%. They have been increasing average rent per user. Have no debt, carry cash and pay a nice dividend. The virus has reduced agent costs by 75% in the past quarter, but once this virus passes he expects things will return to relative normal. Down 40% from their highs. Amazin metrics. A screaming buy. He will add to his holdings when this pullbacks.