MGNI - 2 Digital Ad Tech Stocks to Buy Hand Over Fist in April
2024-04-28 10:23:00 ET
April is drawing to a close. Tax season is behind us, the kids only have a few more weeks of school, and spring has sprung.
Meanwhile, the first-quarter earnings season is just starting up. Online ad giants Roku (NASDAQ: ROKU) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) posted analyst-stumping results last week, suggesting that the digital ad tech industry is back on stable ground after a couple of shaky years.
That sector trend should be good news for The Trade Desk (NASDAQ: TTD) and Magnite (NASDAQ: MGNI) , who also ply their trade in digital advertising technology. Both companies are scheduled to report first-quarter results on May 8, so you have a week and a half to take action if you agree that the incoming reports should boost their stock prices.
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2 Digital Ad Tech Stocks to Buy Hand Over Fist in April