Digital Turbine: As Good As Trade Desk And Roku, But A Lot Cheaper
Given the tremendous rally, one might think that the smart money was already made in this stock, but we’re only in the early innings.
We think this company is on par with the likes of Trade Desk and Roku, or even Shopify, but trading at much lower multiples but being just as entrenched.
Multiple parts of its business are growing at a triple-digit rate; even their legacy business put in a +95% quarter.
Then there are the revenue synergies from the recent acquisitions.