Realtor.com operator Move Inc. has been put forward as a "long shot" investment by RealMoney contributor Sham Gad, who likes the new management team installed last year and "pristine" balance sheet.

At around $2 a share, Gad thinks investors get a "significantly stronger business for a fraction of the price" than when Move was trading at $7 in 2007.

Move has become more efficient in a "difficult operating environment," Gad says, and its management team is taking Realtor.com’s position as the most visited real estate site on the Internet and "scaling it to turn the company into a vital source for all real estate" information.

In a disclaimer, the Long Shot column is described as presenting companies that are "lottery ticket" investments, appropriate for "only the most risk-tolerant investors, as the potential for 100 percent loss is high."

Move operates Realtor.com under a 14-year-old agreement with the National Association of Realtors, the terms of which are currently under discussion, Move CEO Steve Berkowitz disclosed last month (see story).

Move was also identified last week by the Motley Fool’s Rick Aristotle Munarriz as one of several publicly traded companies that might make good acquisition targets for Yahoo!, which acquired Associated Content Inc. last month.

***

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