illumin Holdings Inc T.ILLM

"best [Can] tech stock to buy right now - AcuityAds"

[arbutus7]

Buy the Dip. Tons of Good News 

*Recent articles:
1 - https://www.fool.ca/2021/04/07/tfsa-investing-the-3-best-stocks-to-buy-now/
2 - https://ca.finance.yahoo.com/news/tfsa-investing-3-best-stocks-131845716.html
3 - https://ca.finance.yahoo.com/news/2-lesser-known-canadian-tech-183021155.html
4 - Re-read Virtus Advisory Strong buy rec from last week (strong buy to clients)

*illumin update*
- "revenue grows over 75% sequentially to approximately $2.7 million with further strong sequential growth expected throughout 2021"
https://ca.finance.yahoo.com/news/acuityads-provides-q1-2021-adoption-120000262.html
[huge growth here for their new disruptive technology and huge future growth anticipated]

Other Notes:
1. Q1 Conference Call in approximately 3.5 weeks.
2. New illumin contracts continually announced (see today's story)
https://www.acuityads.com/press/acuityads-provides-q1-2021-update-on-the-adoption-of-its-advertising-automation-platform-illumin/
3. Positve write-up after positive write-up (Virtus Advistory Group most recently telling clients this is a strong buy and to load up)
4. The founders still own close to 14% and well aligned with interests of shareholders
5. Nasdaq listing on the horizon
6. Nasdaq = US institutional investors and US retail Robinhooders will soon have access to AcuityAds
Recently joined the S&P/TSX Composite Index ( = more institutional buying in Canada)
7. Disruptive new technology (illumin) growing fast in a growing online advertising field
8. Currently oversold and s/p is a bargain (anything under 20 is a steal)
9. Motley Fool recently stated AcuityAds is the best Canadian growth stock to buy right now for the long term [And, another strong buy rec from 5i Research Investments]
10a. STRONG BUY. LOAD UP
10b. STRONG BUY. OPPORTUNITY
10c. STRONG BUY. Digital advertising only going to grow and grow and grow

* Price Targets (do the math, nice margin of safety at current price with huge upside)
$33 - Echelon Wealth Partners
$30 - Desjardins
$33 - Canaccord Genuity
$22 - TD Securities
$46 - Accord Partners reiterated their January buy recommendation again during this dip, a week ago; in fact, they said they were 'buying this dip' and stood by their buy recommendation."

(re-posted from Yahoo finance)

[Thomas1959]

In response to arbutus7's post. This is where the investor's focus should be not on insider trading. If business was bad, I might consider the insider trading as a negative sign but that's not the case for AT now. Yes, the SP has dropped but it will bounce back. Give it time.

[retiredcf]

Given the new style of investors we have in the markets (ie. an investment horizon measured in minutes and days as opposed to months and years), today's checkback should be considered perfectly normal. Likely cashing in their dollar profit per share from yesterday.  I'll try and remember to put up this quote a year from now when I suspect we will all be very pleased. But before that

[BeatsBast]

If illumin keeps gaining traction the way it is, it could draw 8-10M in new revenue by Q3 which translates to 30-38% YoY growth... Combine that with travel and hospitality clients coming back (+10-15% ?)...  People will regret not buying more at these prices... The idiots that sold off because revenues were down in 2020  Q4 will be the same idiots that see 50% growth and buy out of FOMO

[growthnprosper]

AT will publish Q1 results May11th . Not long to wait for great results, so hang in there . Just over 3 weeks left to buy at a good price!