This Stock Made Me $100,000 and I'm Even More Bullish Now
Shares of advertising technology company Magnite (NASDAQ: MGNI) have been on an amazing run. Conceived as a merger of equals from programmatic digital advertiser Rubicon Project and connected TV (CTV) specialist Telaria, it has rallied from last year's pandemic lows that saw shares trade below $6 per share.
Up 270% in the last year, Magnite has made long-term investors a lot of money, including myself. All told, I made approximately $106,000 from the stock through a combination of shares and income-producing covered-call option strategies.
Although I sold most of my position shares earlier this year, I'm more bullish on the growth stock's business prospects now than I was at the time of the initial investment. Here's why.
Source Fool.com
