This Wildly Undervalued Stock Still Has 10X Potential
Stocks with 10x potential tend to have a few things in common.
They generally have high growth rates, relatively low market caps, and track records of beating estimates. It helps if they are undervalued, though growth stocks tend to have speculative valuations.
Perion Network (NASDAQ: PERI), an ad tech firm best known for its Intelligent Hub, meets all of those criteria. Its stock price has surged through the pandemic, propelled by a boom in the ad tech segment as well as its own strong performance. Since the start of 2020, the stock is up more than 250%, but after management raised its guidance for this year and the next, it looks poised to continue its upward run in 2022.
Source Fool.com
