Innovid Up 70% in the Past 6 Months: Should Investors Buy the Stock?

Innovid (CTV) shares have rallied 70.2% over the past six months, outperforming the Zacks Computer & Technology sector’s appreciation of 7.4% and the Zacks Internet - Software industry’s return of 14.4%.Innovid has outperformed its competitor, Alphabet (GOOGL) , which provides ad-serving and creative personalization solutions. Alphabet shares have gained 5.8% over the past six months.The outperformance can be attributed to the growing adoption of connected TV advertising, expanded software-only offerings, a ...