bullish
Magnite Inc (MGNI) - Monday, Jul 22, 2024
SUMMARY
- Trade recommendation to go long on Magnite (MGNI) and short on Trade Desk (TTD) with 6-18 month investment horizon.
- Both companies operate in the AdTech industry and benefit from multiyear secular tailwinds, with specific catalysts expected to drive relative revaluation of MGNI compared to TTD.
- Despite recent developments affecting third-party data, both companies have strong growth potential, with TTD having significantly outperformed since being recommended as a long in 2017.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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