Is This Billion Dollar Growth Stock Your Next 10x?
Yes it does feel weird to talk about 10x stocks during a bear market. But would you rather buy it at the top or bottom?
Unlike $TTD which works on the buy-side of the adtech space, $PUBM operates on the sell-side which helps publishers get a higher return on their ad spending. The two, therefore, don't compete with each other but actually, work together.
Pubmatic is smaller than its nearest competitor $MGNI, but its growth is organic and the company has been profitable for a while.
The global ad industry is expected to hit $1 trillion by 2025.
With Pubmatic's market capitalization of just under one billion dollars, growing revenue of over 20% consistently, and being profitable, I can see this stock outperforming the market by quite a lot in the long term.