3 Stocks to Buy in the Golden Age of Digital Advertising
With ad spending recovering in a big way following the pandemic, there are plenty of great companies for investors to consider at this time. Let’s tak…
This story originally appeared on MarketBeat
Digital advertising stocks are perhaps one of the most intriguing areas of the tech space for investors to consider at this time. With people using their devices like smartphones, personal computers, and connected televisions more than ever thanks to the pandemic, the companies that offer marketers a way to connect with potential clients digitally are very attractive. Keep in mind that advertisers are likely going to increase their ad budgets for digital channels going forward, which means there is plenty of opportunity for the best companies in digital advertising to grow their businesses.
It’s fair to assume that we are entering the golden age of digital advertising, particularly when you look at some of the statistics. According to eMarketer, the global digital advertising market is expected to grow by roughly 20% this year to reach $450 billion. With ad spending recovering in a big way following the pandemic, there are plenty of great companies for investors to consider at this time. Let’s take a look at 3 stocks to buy in the golden age of digital advertising.
Alphabet (NASDAQ:GOOGL)
AlphabetRoku (NASDAQ:ROKU)
RokuThe Trade Desk (NASDAQ:TTD)
The Trade DeskDigital advertising stocks are perhaps one of the most intriguing areas of the tech space for investors to consider at this time. With people using their devices like smartphones, personal computers, and connected televisions more than ever thanks to the pandemic, the companies that offer marketers a way to connect with potential clients digitally are very attractive. Keep in mind that advertisers are likely going to increase their ad budgets for digital channels going forward, which means there is plenty of opportunity for the best companies in digital advertising to grow their businesses.
It’s fair to assume that we are entering the golden age of digital advertising, particularly when you look at some of the statistics. According to eMarketer, the global digital advertising market is expected to grow by roughly 20% this year to reach $450 billion. With ad spending recovering in a big way following the pandemic, there are plenty of great companies for investors to consider at this time. Let’s take a look at 3 stocks to buy in the golden age of digital advertising.
Alphabet (NASDAQ:GOOGL)
AlphabetRoku (NASDAQ:ROKU)
RokuThe Trade Desk (NASDAQ:TTD)
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