These four green shoots look exceedingly undervalued and are getting plenty of rain in this ever improving business climate. Prepare yourself for May flowers.
Brightcove (BCOV) $84M
Altimmune (ALT) $659M
Magnite (MGNI) $1.4B
Roku (ROKU) $8.9B
“In the short term, the market is a popularity contest; in the long term, the market is a weighing machine.” –Warren Buffett
What gives you so much confidence BCOV will return to growth and profitability? Are their products and functionalities just that much better than the competition? Are they sticky once adopted? Any chance inferior competition wins out just due to better sales & distribution? Is gen AI video a threat or a catalyst?
I apologize for the very late response to your questions. Brightcove has embedded itself with so many major players, like the NHL and Premier League Soccer, that their under $100M market cap just doesn’t make any sense. They are helping smaller streaming channels, sports leagues and retail organizations monetize their content without them having to invest a ton of money in house for expertise. I think their services are sticky once they are applied and I don’t see how someone cheaper can win out once they have their pipes in place. Not sure how gen AI will help or hurt, except by creating more content that needs to be organized and potentially monetized. In short, very bullish on BCOV.