Finding stocks that are growing fast but are still undervalued is no easy task. When you do find one, it can be a great company to add to your portfolio.
So what would you do if I told you there was a stock out there whose price had fallen 65% from 52-week highs set in February but had also just reported 116% third-quarter year-over-year revenue growth and is valued at only 8.9 times sales?
Those metrics describe Magnite (NASDAQ: MGNI) , an online advertising tech company that is growing massively while still being relatively cheap, especially when compared to lots of high-flying growth stocks today.
For further details see:
1 Under-the-Radar Growth Stock to Buy in November