2 Digital Ad Tech Stocks to Buy Hand Over Fist in April
From Nasdaq: 2024-04-28 10:23:00
April is ending, school is almost out, and the first-quarter earnings season has begun. Roku and Alphabet posted strong results, signifying a stable digital ad tech industry. The Trade Desk and Magnite will also report soon, with potential for stock price growth due to a healthier market. Consider investing in both leading ad tech companies before their earnings reports on May 8. Magnite’s stock is undervalued and anticipated to benefit from the rebounding advertising market. With strong first-quarter results expected, Magnite is poised for growth after a challenging period last year. The Trade Desk is a top ad campaign manager with innovative solutions to navigate changes in the advertising industry. Its consistent sales growth and ongoing focus on research and development make it a solid investment option. Both companies present opportunities for investors, and buying their stocks before their earnings reports could be beneficial. Consider investing in both The Trade Desk and Magnite before their upcoming earnings reports on May 8. The Motley Fool has identified 10 top stocks with potential for significant returns, though The Trade Desk was not among them. With guidance on building a portfolio and regular stock updates, the Stock Advisor service has substantially outperformed the S&P 500 since 2002. Take advantage of this resource for investment success.
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