- ironSource is a highly profitable, best-of-breed growth stock in the App Economy: facilitating the monetization of apps through ads.
- ironSource has a strong growth track record, and its net retention and 2022 guidance are out-of-this-world.
- The tech/growth sell-off has unjustifiably impacted ironSource given its strong beat-and-raise execution. The stock is in the bargain bin at ~6x P/S and ~20x P/E.
- ironSource is growing as fast as CrowdStrike and Cloudflare while its valuation is half that of Costco. It is my newest top stock.
For further details see:
ironSource: My Highest Conviction 2022 Top Tech Stock