Like The Trade Desk? You'll Love These 3 Adtech Stocks Too
Digital advertising is a secular growth trend now in its second decade -- and one poised to last for another decade or more. Global spending estimates are calling for an additional $200 billion or so to migrate from traditional marketing to digital in the next few years and reach some $650 billion by the year 2024.
On the inevitable march toward digital ads gobbling up $1 trillion in sales every year, The Trade Desk (NASDAQ: TTD) has been one of the biggest winners from the advertising technology (adtech) industry. The stock price is up over 2,500% since the IPO in 2016. It isn't the only company aspiring for great things in adtech, though.
Three smaller stocks with promising potential are Magnite (NASDAQ: MGNI), PubMatic (NASDAQ: PUBM), and DoubleVerify (NYSE: DV). Let's find out a bit more about these three adtech companies.
Source Fool.com