- Sprout Social is a platform that empowers companies to navigate and optimize their social media channels from one centralized environment.
- More and more businesses are designing their operations in such a way as to require a social media optimizing platform like Sprout Social.
- And the company's revenues illustrate this idea as the company recently grew its revenues by 30% YoY in 2019 to $102.7 million.
- The pandemic appears to have had little effect on the company as it continues to grow at approximately 30%.
- Sprout Social is still a very interesting play with avenues for further sustained growth as well as accelerated growth. In this light, I rate it a buy at $47.
For further details see:
Sprout Social: Plant A Seed And Watch It Sprout