RE:RE:RE:RE:RE:RE:RE:Time to pounce for long termtruthis0utther3 wrote: So why would anyone want to own an ad stock that isn't growing and has proven to have poor leadership when they could buy a stock that is either growing fast, pays a dividend, or a fixed income certificate that pays 5%...
Seems like a very high hurdle for stocks like AT.. my guess is its dead money for years going forward.
Torontojay wrote: Sure, the stock never deserved to be trading that high. Markets can swing both ways. It could swing beyond euphoric levels when everyone's making money and also swing to complete capitulation when liquidity is drying up.
Nobody wants to own advertising stocks when the economy is potentially entering a recession!
It doesn't have to grow to be worth more than its trading at. It's priced for negative growth as we speak.
In 2021 it generated $14m in free cash and todays the business is valued at less than $30m! That's why.
I like value and I'm not willing to pay for frothy growth expectations like The Trade Desk to justify its share price.
Acuityads could remain stagnant for years and it will eventually trade higher than today.