Yeah I liked it too when you first mentioned it. Remember this... On GrowGen, all that revenue growth is from buying existing mom and pop shops. I know they're starting to build their own stores, but before I'd jump in, I'd like to see some kind of store by store organic growth breakdown for a few quarters. Now that's not to say we can't trade the stock on momentum every now and again like most stocks we highlight here, but until I can see what a store is doing that's been standing awhile organically, no way we can justify putting this in the G4G portfolio with a P/S of 12 and a PE north of 50. It's a multi-channel retail operation, they don't command that price.
Description Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's advertising platform enables publishers to monetize various screens and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brands to access brand-safe ad inventory and execute advertising transactions. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in Los Angeles, California. The Rubicon Project. That was a cool name, don't know why they changed it. This stk was $60 something at one point! CTV. = Connected TV advertising(CTV) is advertising placed on any TV that can be connected to the internet. These TVs, also called Smart TVs, either directly access the Internet or do it via devices like Roku, Amazon Fire, or Google Chrome. With cord cutting this would seem to be a good place to be in advertising>
Gets interesting around 3:00 minute mark.. mentions cord cutting and Trade Desk again, apparently they are the big bad boy in this space... I always thought Trade Desk was a etrade type stk some form of financial...
All kinds of personal flying planes being made. Just don't know about this. Why couldn't drug dealers use these to ferry drugs. How do police monitor you flying overhead? So many questions what happens when one crashes in your pool. Coming from the James Bond Mindset- the one that is actually a car and re lands as a car... that's pretty cool.
Alector jumps 45% after entering $2.2B collaboration deal with GlaxoSmithKline 08:58 ALEC This makes $40 mln to SPRO look small!
June 25 Google cookie delay removes near-term overhang on adtech, says Macquarie 06/25 CRTO, TTD, RAMP, MGNI, PUBM Google's (GOOG, GOOGL) surprise announcement yesterday that it will delay the deprecation of third-party cookies on its Chrome browser until late 2023 is good news for advertising technology stocks, Macquarie analyst Tim Nollen tells investors in a research note. The news removes a near-term overhang on the sector, pushing it out by up to two years, with further delays possible, says the analyst. Nollen says many of the stocks rallied yesterday in response, including Outperform-rated Criteo (CRTO), Trade Desk (TTD) and LiveRamp (RAMP), as well two companies he doesn't cover, Magnite (MGNI) and PubMatic (PUBM). However, Nollen does not believe the news "meaningfully affects" his covered companies that much. Trade Desk has not quantified any impact from cookie elimination and LiveRamp has indicated that cookie elimination could hit revenues by around 3%-7%, says the analyst.
NEXXY is undiscovered. That can be a good thing. Av vol 1,580 shares? Can that be possible. Market cap $14 Billion<--- YTD chart is very pretty. Since April upward trajectory but modest. $18-->$23. Worth Watching.