We recently published an article titled Micro-, Small-Cap Firms Dominate Market Rally. In this article, we are going to take a look at where LendingTree, Inc. (NASDAQ:TREE) stands against the other stocks.

The stock market pulled back to the red territory on Thursday, with all major indices posting significant losses as tariff threats continued to rattle investors.

The tech-heavy Nasdaq posted the largest loss, down 2.61 percent, followed by the S&P 500 with 1.78 percent, and the Dow Jones with 0.99 percent.

On Thursday, 10 micro and small-cap companies defied a broader market decline, with their share prices jumping by as much as double digits. One company stood out, soaring more than 300 percent during the session.

To come up with Thursday’s top performers, we considered the stocks with the highest day change performance.

A happily married couple discussing the merits of different home equity loan options.

LendingTree, Inc. (NASDAQ:TREE)

Shares of LendingTree, Inc. (NASDAQ:TREE) rose for a third day on Thursday, jumping 22.52 percent to end at $49.34 apiece as investors gobbled up shares following the release of its full-year earnings performance.

While LendingTree, Inc. (NASDAQ:TREE) posted a 41-percent drop in net income for the last quarter of 2024 at $7.5 million versus $12.7 million, revenues surged by 95 percent to $261.5 million from $134.4 million.

For full year 2024, net loss narrowed by 66 percent to $41.7 million from $122.4 million year-on-year.

According to LendingTree, Inc. (NASDAQ:TREE) Chairman and CEO Doug Lebda, its insurance business delivered an outstanding quarter with revenue growth of 188 percent compared with the same period a year earlier.

“Looking forward, we expect another solid year of AEBITDA growth in 2025 on continued revenue strength and operating expense discipline,” he said.

Overall TREE ranks 10th on our list of Thursday's top performers. While we acknowledge the potential of TREE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TREE but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

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  Disclosure: None. This article is originally published at  Insider Monkey.