Finding 10-bagger stocks isn't easy. To qualify, a stock needs the right combination of high growth and profitability, or at least profit potential. Additionally, it helps if the stock in question is undervalued or ignored by Wall Street and has a small market cap so it still has room to grow by 10 times its current stock price.

One stock that fits these criteria is Perion Network (NASDAQ: PERI), a fast-growing adtech stock that looks undervalued, based on its current GAAP price-to-earnings ratio of just 15.

Perion Network offers a number of services in adtech, first and foremost connecting ad buyers and publishers through its Intelligent Hub (iHub).

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Source Fool.com