With the broader market pulling back in recent weeks, it has created some better entry points for investors interested in owning some of the top technology stocks out there. Let's look at four tech stocks investors might want to consider buying right now. Meta Platforms (META -4.22%) is one of the world's largest digital advertising platforms through its social media and messaging apps, including Facebook, Instagram, and WhatsApp. The company has leaned into artificial intelligence (AI) through its Llama AI ...

Core Viewpoint - Shares of major digital advertising companies, including Alphabet, Meta Platforms, and Netflix, experienced significant declines due to market uncertainty surrounding economic conditions and consumer spending [1][7]. Economic Indicators - The Personal Consumption Expenditures Index (PCE) showed a core inflation rate of 2.8% year over year and 0.4% month over month, both higher than expected [2]. - The University of Michigan consumer sentiment index for March was reported at 57, down 28.2% from the previous year and below the forecast of 57.9 [3][4]. Consumer Sentiment - The decline in consumer sentiment is concerning as it spans across political affiliations, indicating a broader economic worry rather than a politically biased sentiment [4]. - The combination of economic slowdown and persistent inflation raises concerns about potential stagflation, which negatively impacts asset valuations [5]. Advertising Spending Impact - The prevailing fear and uncertainty may lead companies to cut advertising budgets, adversely affecting Alphabet's Google Search and Meta's core advertising businesses [7]. - Netflix, which recently introduced an ad-supported tier, is also increasingly reliant on digital advertising revenue, which could be impacted by an economic downturn [8]. Investment Considerations - Despite the uncertainty, Alphabet's current price-to-earnings ratio of 17.5 is considered low compared to market averages, suggesting it may be undervalued [9]. - Concerns exist regarding the impact of generative AI on Alphabet's search traffic, but no significant negative effects have been observed in its financial results yet [10]. - Alphabet's cloud-computing unit is profitable and growing, which may provide a buffer against advertising revenue fluctuations [10]. Conclusion - While uncertainty looms over the digital advertising sector, Alphabet appears particularly undervalued at present, though the timing of a market bottom remains uncertain [11].

Financial Data and Key Metrics Changes - The financial results in the latter half of 2024 did not meet expectations, indicating a need for improvement, described as a potential speed bump on the path to profitability [7] - The company aims to achieve EBITDA positivity by Q4 2025, with a focus on larger revenue and higher margin programs [10] Business Line Data and Key Metrics Changes - The company has diversified its revenue streams, with approximately $20 million in active pursuits across 77 unique programs, and has introduced higher margin products to enhance deal size and margin profiles [8] - Mobile games have become a significant growth area, contributing about 16% of revenue in Q4 2024 and projected to reach close to 20% in Q1 2025 [37][38] Market Data and Key Metrics Changes - The gaming market is substantial, with 3.3 billion gamers globally, and a significant demographic shift is expected as millennials take over decision-making roles in companies, leading to increased marketing budgets for gaming [21][28] - The perception of gamers is changing, with brands recognizing that gamers are part of broader consumer demographics, which is expected to drive advertising dollars into gaming channels [26] Company Strategy and Development Direction - The company is focused on becoming a leader in playable advertising, helping brands integrate into gaming platforms and media channels [30] - There is a strategic shift towards mobile gaming and branded content, with an emphasis on aligning with companies that complement Super League's strengths [41] Management's Comments on Operating Environment and Future Outlook - Management acknowledges macroeconomic challenges and structural shifts in the advertising ecosystem but remains optimistic about long-term prospects and the potential for revenue growth [4][8] - The new CEO, Matt Edelman, emphasizes the importance of being lean and scrappy to reduce burn while aiming for profitability [43] Other Important Information - Ann Hand will transition to Executive Chair, passing the CEO role to Matt Edelman, who has extensive experience in digital content and technology [11][12] - The company is exploring strategic alternatives and has identified potential acquisition targets that align with its vision [14][50] Q&A Session Summary Question: Context on discussions with potential acquisition targets - Management is unable to disclose binding agreements but is in touch with multiple companies, including Infinite Reality, and is exploring better-fitting opportunities [48][52] Question: Addressing changes in Roblox's ad ecosystem - The company is part of Roblox's partner program and is focusing on branded content opportunities as Roblox shifts to a more managed ad ecosystem [55] Question: Opportunities in mobile advertising - The company is focused on playable advertising and collaboration with mobile game developers, with quick turnaround times for campaigns [62] Question: Education process for customers regarding gaming advertising - The education process has been ongoing for years, with a focus on demonstrating the value of gaming as a marketing channel and improving data reporting for clients [66][68]

NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of The Trade Desk, Inc. (NASDAQ: TTD).Shareholders who purchased shares of TTD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/the-trade-desk-inc-loss-submission-form/?id=138825&from=4CLASS PERIOD: May 9, 2024 to ...

Core Viewpoint - The recent decline in The Trade Desk's stock price, attributed to a missed revenue forecast, may present a buying opportunity given the company's strong future prospects and discounted stock price [1][2]. Company Overview - The Trade Desk operates as a buy-side platform for digital advertising, allowing advertisers and ad agencies to create, manage, and monitor digital ad campaigns across various channels [3]. - The platform offers a competitive advantage over larger digital advertisers like Google, as it is unbiased and focuses solely on maximizing campaign effectiveness [4][5]. Technological Edge - The Trade Desk has been leveraging AI technology since 2018 with its Koa platform, which predicts auction clearing prices and assigns relevance scores to ad placements [6]. - The introduction of the Kokai platform in 2023 enhanced the capabilities of Koa, improving forecasting and measurement, and incorporating additional data sources to increase efficiency and transparency in media buying [7]. Financial Performance - In 2024, The Trade Desk reported revenue exceeding $2.4 billion, reflecting a 26% year-over-year increase, surpassing the 23% growth rate of 2023 [8]. - However, the company's Q4 revenue of $741 million fell short of the forecasted $756 million, leading to a significant stock price drop of nearly 60% over 3.5 months [9]. - Despite the revenue miss, net income for 2024 reached $393 million, a 120% increase, and the first-quarter revenue forecast of $575 million indicates a potential 17% increase [10]. Valuation Metrics - The current P/E ratio of 72, while high, is typical for growth stocks, and the forward P/E ratio of 31 suggests potential for value investment [10]. - The P/E ratio has decreased from nearly 230 in December, indicating a more attractive valuation for investors [11]. Investment Consideration - The recent sell-off in The Trade Desk stock may position it as a top buy, especially given its essential role in helping advertisers maximize campaign effectiveness through its advanced technology [12][13]. - The improvements in the Kokai platform and sustained revenue growth further support the case for investment, as the stock is on track to be perceived as a value stock [13].

Group 1: Investment Strategy - Buying shares of industry leaders with strong cash flow is a long-term investment strategy, particularly during market sell-offs [1] - The "Magnificent Seven" stocks are highlighted as potential additions to investment portfolios [1] Group 2: Nvidia - Nvidia is positioned at the forefront of AI computing, with significant investments in advanced chips necessary for AI applications [3] - The company's revenue surged by 114% last year, reaching $130 billion, largely due to demand for its GPUs [4] - Nvidia's recent orders for Blackwell GPUs from top cloud customers indicate strong demand, increasing from 1.3 million orders for the previous-generation Hopper GPUs [5] - The company generated $60 billion in free cash flow last year, which is being reinvested into innovation and new chip development [6] - Nvidia is expected to capture a significant share of the projected $1 trillion annual data center spending by 2029 [7] - The stock is currently down 23% from recent highs, trading at a P/E of 40, which is considered fair given its growth potential [8] Group 3: Alphabet (Google) - Alphabet has consistently delivered strong returns, with its AI investments expected to enhance growth in search advertising and cloud services [9] - The company announced a $32 billion all-cash acquisition of cloud security firm Wiz, showcasing its substantial cash reserves [9] - Google Cloud is growing rapidly, with a 30% year-over-year revenue increase, and is positioned to leverage AI technology for further growth [10][11] - The total cloud market is valued at $330 billion, with Google Cloud generating $43 billion in revenue last year [11] - Alphabet ended 2024 with $85 billion in net cash and $72 billion in free cash flow, enabling it to pursue significant investments [12] - The stock is down 20% from its peak, with a forward P/E of 18, and analysts project earnings growth of 16% annually [13]

After trying and failing to acquire Wiz last year, Alphabet (GOOGL -0.65%) (GOOG -0.72%) has reached a deal to buy the fast-growing cybersecurity company. It is paying a steep price of $32 billion, up from the the $23 billion it offered last year. It will also pay Wiz employees $1 billion in retention bonuses. Wiz backed out of the deal last year over antitrust concerns, but expects a more favorable environment under the Trump administration.In my view, this deal looks like a game changer for Alphabet. Let' ...

Core Viewpoint - The Trade Desk, Inc. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its AI forecasting tool, Kokai, and its impact on the company's business operations and revenue growth [1][2]. Group 1: Allegations and Impact - The complaint alleges that during the class period from May 9, 2024, to February 12, 2025, The Trade Desk experienced significant execution challenges in rolling out its AI tool, Kokai, which included transitioning clients from the older platform, Solimar [1]. - These execution challenges delayed the Kokai rollout, negatively impacting the company's business operations and revenue growth [1]. - As a result, the positive statements made by the company regarding its business and prospects were deemed materially false and misleading [1]. Group 2: Class Action Details - Shareholders who purchased shares of TTD during the specified class period are encouraged to register for the class action, with a deadline set for April 21, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the lifecycle of the case [2]. - There is no cost or obligation for shareholders to participate in this case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [3].

Core Viewpoint - The Trade Desk (TTD) has significantly underperformed in the digital advertising sector, with a year-to-date decline of 52.9%, compared to the broader Computer & Technology sector's decline of 10% and the Internet Services industry's decrease of 13.8% [1][3]. Group 1: Performance Analysis - TTD's underperformance is attributed to slower adoption of its next-generation platform, Kokai, and a complex reorganization [2]. - Despite the challenges, TTD has seen a record-breaking spend of over $12 billion on its platform in Q4 2024, indicating strong advertiser demand [2]. Group 2: Growth Drivers - TTD's focus on Connected TV (CTV) remains a key growth driver, with CTV being its largest and fastest-growing channel [5]. - The company is leveraging Unified ID 2.0 (UID2) to enhance precision and addressability in programmatic advertising on CTV [5][6]. - The introduction of the Ventura Operating System aims to improve efficiency and transparency in CTV advertising, enhancing data management and targeting capabilities [8]. Group 3: Strategic Acquisitions - TTD's acquisition of Sincera in January 2025 is expected to strengthen its programmatic advertising platform by integrating actionable insights on data quality [10]. Group 4: Partnerships and Client Base - TTD has established extensive partnerships with industry leaders such as Disney, NBCU, Walmart, Roku, LG, Fox, and Netflix, which bolster its market position [11]. Group 5: Financial Outlook - TTD anticipates revenues of at least $575 million in Q1 2025, with a Zacks Consensus Estimate of $576.13 million, reflecting a year-over-year increase of 17.28% [12]. - The Zacks Consensus Estimate for Q1 2025 earnings is 26 cents per share, remaining unchanged over the past 30 days [12]. Group 6: Valuation Concerns - TTD is currently trading at a premium, with a forward 12-month Price/Sales ratio of 8.79X compared to the industry average of 4.61X, indicating a stretched valuation [13].

Core Viewpoint - AppLovin Corporation (APP) has experienced a significant stock increase of over 700% in 2024, driven by strong earnings and revenue growth, but faced recent pressure from short-seller allegations of misleading advertising practices, which the CEO has denied [1][12] Financial Performance - In Q4 2024, AppLovin's revenues increased by 44% year-over-year and 14% sequentially, with adjusted EBITDA rising by 78% year-over-year and 17.5% sequentially, indicating improved operational efficiency [7] - For the full year 2024, revenues climbed 43% year-over-year, while adjusted EBITDA surged 81%, showcasing the company's ability to capitalize on market opportunities [8] - The company has guided for $1.4 billion in sales for Q1 2025, slightly above the Zacks Consensus Estimate of $1.37 billion, with a history of beating earnings expectations [8] Analyst Projections - The Zacks Consensus Estimate for Q1 2025 earnings is projected at $1.45 per share, reflecting a 116.4% year-over-year increase, with expected earnings growth of 51.7% and 37.1% for 2025 and 2026, respectively [9] - Over the past 60 days, there have been multiple upward revisions in earnings estimates for Q1 2025 and for 2025 overall, indicating strong analyst confidence in AppLovin's growth potential [10] Strategic Shift - AppLovin is transitioning into a pure-play advertising platform, focusing on high-growth, high-margin segments, exemplified by the $900 million sale of its gaming unit to Tripledot Studios, allowing for a concentrated effort on ad technology [6] - The company aims to serve the global digital advertising market, which includes over 10 million businesses, by investing in automation and developing advanced tools to enhance customer efficiency and maximize ad performance [6] Competitive Landscape - Competitors in the in-game mobile advertising space, such as Alphabet Inc. (GOOGL) and Meta Platforms (META), have also seen declines of 11% and 14% respectively in the past month, suggesting that AppLovin's recent stock performance may be part of a broader industry trend [4]