7 Tech Stock Concepts That Aren’t FANG Stocks | Stock Market Information

The Commerce Desk is a tech platform for promoting patrons. Patterson says the stock is extremely uncovered to secular development tendencies in internet marketing, notably high-growth video and audio promoting. These development tendencies, coupled with market share positive factors, ought to produce not less than 30% annual income development and 30% earnings earlier than curiosity, taxes, depreciation and amortization margin for the corporate, in response to KeyBanc. Programmatic spending adoption is a near-term catalyst for The Commerce Desk, and Patterson says firms are as soon as once more specializing in growing promoting budgets heading into 2021. KeyBanc has an “chubby” score and $580 price goal for TTD stock.