From Pennies to Profits: 3 Stocks That Could Transform Your $100 into a Grand

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From Pennies to Profits: 3 Stocks That Could Transform Your $100 into a Grand

InvestorPlace04-07

These three penny stocks are poised for a massive breakout. Grab (GRAB): GRAB is positioned for growth in the booming Southeast Asian market. Bitfarms (BITF): BITF is a key player in the Bitcoin ...

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CIOZIO
·04-09
No skin in the game despite the unicorn predictions.
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The Fear and Greed Index has dipped back into ‘neutral’ territory from ‘greed’ last month. However, with the backdrop of impending interest rate cuts, I expect that scenario to change dramatically later in the year. The three interest rate cuts expected in the latter half of the year could inject additional vitality into the market. This could offer healthy upside potential in penny stock bets.\nNevertheless, it’s important to be proactive ahead of a major breakout in the penny stocks discussed in the article. You won’t have to think that hard either. Investors can easily scoop up a substantial number of shares from all three stocks that could turn $100 into $1,000.\nGrab (GRAB)\nSource: Nor Sham Soyod / Shutterstock.comGrab (NASDAQ:GRAB) is a powerhouse in the fast-growing Southeast Asian ride-hailing and delivery. Its gig economy platform has effectively tapped into the burgeoning middle class in one of the world’s most dynamic regions. Additionally, its commitment to organic growth and innovation, through its recent strategic AI investments, signals a clear path toward sustained profitability. CFO Peter Oey is going all-in on AI to effectively streamline operations and expand product offerings.\nMoreover, its leap into profitability, following its impressive fourth quarter (Q4) earnings report, marks a major milestone. An $11 million profit not only signals robust financial health but is a testament to Grab’s effective AI-driven enhancements in marketing, menu translation and customer service. This strategic embrace of AI sets a promising stage for  rapid market growth and long-term gains.\nBitfarms (BITF)\nSource: PHOTOCREO Michal Bednarek / Shutterstock.comThe choppiness in Bitcoin (BTC-USD) prices of late is merely a smokescreen, obscuring its massive long-term potential. Moreover, with crypto investors gearing up for the anticipated halving event in April, estimates are soaring as high as $100,000 for BTC. Also, the expected rate cuts this year could be another shot in the BTC’s proverbial arm. \nThis backdrop makes Bitcoin miners like Bitfarms (NASDAQ:BITF) particularly enticing, especially considering how it is down 25% year-to-date. That had a lot to do with equity dilution concerns, with Bitfarms having recently moved to raise $375 million. This financial infusion is set to turbocharge its operations, which is expected to triple its mining power at the end of this year. The planned increase from 6.5 EH/s to 21 EH/s represents a 223% bump in computing power, leading to vigorous top-line expansion ahead.\nTaboola (TBLA)\nSource: Postmodern Studio / ShutterstockTaboola (NASDAQ:TBLA) is an online advertising giant that’s been one of the most consistent players over the years. Its consistent expansion is driven by strategic partnerships, triggering a ripple effect that attracts more brands while broadening its revenue streams in the process.\nIt wrapped up last year, with solid Q4 earnings where sales jumped 13% YOY to $419.8 million, while adjusted EBITDA rose $50.1 million, outperforming analyst estimates.  Furthermore, Taboola forecasts significant growth in 2024, aiming for a sturdy increase in sales at 33% to nearly $2 billion, with its adjusted EBITDA expected to surpass $200 million and $100 million in free cash flow. \nAlso, its partnership with Yahoo could potentially bring in $1 billion annually, significantly improving its financials this year and beyond.\nOn the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines\nMuslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.Artificial Intelligence, Consumer Discretionary, Technology, TravelGrowth Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/.\n©2024 InvestorPlace Media, LLC","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":293514091516072,"gmtCreate":1712678232614,"gmtModify":1712678235983,"author":{"id":"3574339837745487","authorId":"3574339837745487","name":"CIOZIO","avatar":"https://community-static.tradeup.com/news/49c4641b562d6e7a6ffcda1173708d09","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":8,"crmLevelSwitch":1,"idStr":"3574339837745487","authorIdStr":"3574339837745487"},"htmlText":"No skin in the game despite the unicorn predictions.&nbsp;","listText":"No skin in the game despite the unicorn predictions.&nbsp;","text":"No skin in the game despite the unicorn predictions.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/293514091516072","repostId":2425619299,"repostType":2,"repost":{"id":"2425619299","pubTimestamp":1712490125,"share":"https://ttm.financial/m/news/2425619299?lang=&edition=fundamental","pubTime":"2024-04-07 19:42","market":"us","language":"en","title":"From Pennies to Profits: 3 Stocks That Could Transform Your $100 into a Grand","url":"https://stock-news.laohu8.com/highlight/detail?id=2425619299","media":"InvestorPlace","summary":"Dive into stocks that could turn $100 into $1,000, leveraging the shift expected from the upcoming interest rate cuts later this year","content":"<html><body><article>\n<header>\n<div>\n<div>\n<ul>\n<li>These three penny stocks are poised for a massive breakout.</li>\n<li><strong>Grab </strong>(<span><strong><strong><u>GRAB</u></strong></strong></span>): GRAB is positioned for growth in the booming Southeast Asian market.</li>\n<li><strong>Bitfarms </strong>(<span><strong><strong><u>BITF</u></strong></strong></span>): BITF is a key player in the Bitcoin mining sector.</li>\n<li><strong>Taboola</strong> (<span><strong><strong><u>TBLA</u></strong></strong></span>): TBLA is set for substantial long-term financial expansion.</li>\n</ul>\n</div>\n<div></div>\n<figure>\n<div>\n<img decoding=\"async\" fetchpriority=\"high\" height=\"432\" sizes=\"(max-width: 768px) 100vw, 768px\" src=\"https://investorplace.com/wp-content/uploads/2019/07/cash1600b-768x432.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2019/07/cash1600b-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2019/07/cash1600b.jpg 1600w\" width=\"768\"/> </div>\n<figcaption>\n<p>Source: Shutterstock</p>\n</figcaption>\n</figure>\n<div>\n<p>Exploring the stocks that could turn $100 into $1,000 reveals the thrilling potential of the penny stock market.</p>\n<p>Don’t get your hopes up so fast, though. The Fear and Greed Index has dipped back into ‘neutral’ territory from ‘greed’ last month. However, with the backdrop of impending interest rate cuts, I expect that scenario to change dramatically later in the year. The three interest rate cuts expected in the latter half of the year could inject additional vitality into the market. This could offer healthy upside potential in penny stock bets.</p>\n<p>Nevertheless, it’s important to be proactive ahead of a major breakout in the penny stocks discussed in the article. You won’t have to think that hard either. Investors can easily scoop up a substantial number of shares from all three stocks that could turn $100 into $1,000.</p>\n<h2>Grab (GRAB)</h2>\n<div><img decoding=\"async\" height=\"169\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-300x169.png 300w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-768x432.png 768w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-200x113.png 200w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-400x225.png 400w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-116x65.png 116w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-100x56.png 100w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-89x50.png 89w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167-78x44.png 78w, https://investorplace.com/wp-content/uploads/2021/12/shutterstock_1922313167.png 1600w\" width=\"300\"/><div>Source: Nor Sham Soyod / Shutterstock.com</div></div><p><strong>Grab </strong>(NASDAQ:<span><strong><u>GRAB</u></strong></span>) is a powerhouse in the fast-growing Southeast Asian ride-hailing and delivery. Its gig economy platform has effectively tapped into the burgeoning middle class in one of the world’s most dynamic regions. Additionally, its commitment to organic growth and innovation, through its recent strategic AI investments, signals a clear path toward sustained profitability. CFO Peter Oey is going all-in on AI to effectively streamline operations and expand product offerings.</p>\n<p>Moreover, its leap into profitability, following its impressive fourth quarter (Q4) earnings report, marks a major milestone. An $11 million profit not only signals robust financial health but is a testament to Grab’s effective AI-driven enhancements in marketing, menu translation and customer service. This strategic embrace of AI sets a promising stage for  rapid market growth and long-term gains.</p>\n<h2>Bitfarms (BITF)</h2>\n<div><img decoding=\"async\" height=\"169\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2022/12/bitf1600-300x169.png\" srcset=\"https://investorplace.com/wp-content/uploads/2022/12/bitf1600-300x169.png 300w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-1024x576.png 1024w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-768x432.png 768w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-1536x864.png 1536w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-200x113.png 200w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-400x225.png 400w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-116x65.png 116w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-100x56.png 100w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-89x50.png 89w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600-78x44.png 78w, https://investorplace.com/wp-content/uploads/2022/12/bitf1600.png 1600w\" width=\"300\"/><div>Source: PHOTOCREO Michal Bednarek / Shutterstock.com</div></div><p>The choppiness in <strong>Bitcoin</strong> (<span><strong><u>BTC-USD</u></strong></span>) prices of late is merely a smokescreen, obscuring its massive long-term potential. Moreover, with crypto investors gearing up for the anticipated halving event in April, estimates are soaring as high as $100,000 for BTC. Also, the expected rate cuts this year could be another shot in the BTC’s proverbial arm. </p>\n<p>This backdrop makes Bitcoin miners like <strong>Bitfarms </strong>(NASDAQ:<span><strong><u>BITF</u></strong></span>) particularly enticing, especially considering how it is down 25% year-to-date. That had a lot to do with equity dilution concerns, with Bitfarms having recently moved to raise $375 million. This financial infusion is set to turbocharge its operations, which is expected to triple its mining power at the end of this year. The planned increase from 6.5 EH/s to 21 EH/s represents a 223% bump in computing power, leading to vigorous top-line expansion ahead.</p>\n<h2>Taboola (TBLA)</h2>\n<div><img decoding=\"async\" height=\"169\" loading=\"lazy\" sizes=\"(max-width: 300px) 100vw, 300px\" src=\"https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-300x169.jpg\" srcset=\"https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-300x169.jpg 300w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-1024x576.jpg 1024w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-768x432.jpg 768w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-1536x864.jpg 1536w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-200x113.jpg 200w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-400x225.jpg 400w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-116x65.jpg 116w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-100x56.jpg 100w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-89x50.jpg 89w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990-78x44.jpg 78w, https://investorplace.com/wp-content/uploads/2022/11/shutterstock_1837963990.jpg 1600w\" width=\"300\"/><div>Source: Postmodern Studio / Shutterstock</div></div><p><strong>Taboola</strong> (NASDAQ:<span><strong><u>TBLA</u></strong></span>) is an online advertising giant that’s been one of the most consistent players over the years. Its consistent expansion is driven by strategic partnerships, triggering a ripple effect that attracts more brands while broadening its revenue streams in the process.</p>\n<p>It wrapped up last year, with solid Q4 earnings where sales jumped 13% YOY to $419.8 million, while adjusted EBITDA rose $50.1 million, outperforming analyst estimates.  Furthermore, Taboola forecasts significant growth in 2024, aiming for a sturdy increase in sales at 33% to nearly $2 billion, with its adjusted EBITDA expected to surpass $200 million and $100 million in free cash flow. </p>\n<p>Also, its partnership with <strong>Yahoo </strong>could potentially bring in $1 billion annually, significantly improving its financials this year and beyond.</p>\n<p><em>On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines</em></p>\n<div><p>Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.</p></div><div><p>Artificial Intelligence, Consumer Discretionary, Technology, Travel</p></div><div><p>Growth Stocks</p></div>\n</div>\n<div>\n<div hidden=\"true\">\n<div>\n<svg fill=\"none\" height=\"32\" viewbox=\"0 0 261 32\" width=\"261\" xmlns=\"http://www.w3.org/2000/svg\">\n<path d=\"M38.8652 7.49652H42.2492V25.7517H38.8652V7.49652ZM60.0112 7.49652H63.3142V25.7517H60.0921L50.9278 13.1733V25.7517H47.6248V7.49652H50.8469L60.0112 20.0749V7.49652ZM66.5201 7.49652H70.2279L75.4578 21.8955L80.7685 7.49652H84.3144L77.1417 25.7517H73.5957L66.5201 7.49652ZM87.4232 7.49652H100.457V10.5418H90.8072V15.0601H99.5019V18.1054H90.8072V22.7064H100.781V25.7517H87.4232V7.49652ZM113.637 10.8563C112.666 10.5253 111.872 10.3598 111.063 10.3598C110.253 10.3598 109.622 10.5253 109.136 10.8563C108.65 11.1873 108.407 11.601 108.407 12.1803C108.407 12.6768 108.569 13.0906 108.893 13.4216C109.217 13.7526 109.622 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https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/.</p>\n<p>©2024 InvestorPlace Media, LLC</p>\n</div>\n</div>\n</header></article></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>From Pennies to Profits: 3 Stocks That Could Transform Your $100 into a Grand</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrom Pennies to Profits: 3 Stocks That Could Transform Your $100 into a Grand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-07 19:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These three penny stocks are poised for a massive breakout.\nGrab (GRAB): GRAB is positioned for growth in the booming Southeast Asian market.\nBitfarms (BITF): BITF is a key player in the Bitcoin ...</p>\n\n<a href=\"https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BK4230":"旅客陆运","BK4122":"互联网与直销零售","TQQQ":"纳指三倍做多ETF","QID":"纳指两倍做空ETF","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","GRAB":"Grab Holdings","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SQQQ":"纳指三倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","BK4595":"比特币概念","TBLA":"Taboola Com Ltd","BK4023":"应用软件","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BITF":"Bitfarms Ltd.","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4077":"互动媒体与服务","QQQ":"纳指100ETF","BK4022":"陆运"},"source_url":"https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2425619299","content_text":"These three penny stocks are poised for a massive breakout.\nGrab (GRAB): GRAB is positioned for growth in the booming Southeast Asian market.\nBitfarms (BITF): BITF is a key player in the Bitcoin mining sector.\nTaboola (TBLA): TBLA is set for substantial long-term financial expansion.\n\n\n\n\n\n \n\nSource: Shutterstock\n\n\n\nExploring the stocks that could turn $100 into $1,000 reveals the thrilling potential of the penny stock market.\nDon’t get your hopes up so fast, though. The Fear and Greed Index has dipped back into ‘neutral’ territory from ‘greed’ last month. However, with the backdrop of impending interest rate cuts, I expect that scenario to change dramatically later in the year. The three interest rate cuts expected in the latter half of the year could inject additional vitality into the market. This could offer healthy upside potential in penny stock bets.\nNevertheless, it’s important to be proactive ahead of a major breakout in the penny stocks discussed in the article. You won’t have to think that hard either. Investors can easily scoop up a substantial number of shares from all three stocks that could turn $100 into $1,000.\nGrab (GRAB)\nSource: Nor Sham Soyod / Shutterstock.comGrab (NASDAQ:GRAB) is a powerhouse in the fast-growing Southeast Asian ride-hailing and delivery. Its gig economy platform has effectively tapped into the burgeoning middle class in one of the world’s most dynamic regions. Additionally, its commitment to organic growth and innovation, through its recent strategic AI investments, signals a clear path toward sustained profitability. CFO Peter Oey is going all-in on AI to effectively streamline operations and expand product offerings.\nMoreover, its leap into profitability, following its impressive fourth quarter (Q4) earnings report, marks a major milestone. An $11 million profit not only signals robust financial health but is a testament to Grab’s effective AI-driven enhancements in marketing, menu translation and customer service. This strategic embrace of AI sets a promising stage for  rapid market growth and long-term gains.\nBitfarms (BITF)\nSource: PHOTOCREO Michal Bednarek / Shutterstock.comThe choppiness in Bitcoin (BTC-USD) prices of late is merely a smokescreen, obscuring its massive long-term potential. Moreover, with crypto investors gearing up for the anticipated halving event in April, estimates are soaring as high as $100,000 for BTC. Also, the expected rate cuts this year could be another shot in the BTC’s proverbial arm. \nThis backdrop makes Bitcoin miners like Bitfarms (NASDAQ:BITF) particularly enticing, especially considering how it is down 25% year-to-date. That had a lot to do with equity dilution concerns, with Bitfarms having recently moved to raise $375 million. This financial infusion is set to turbocharge its operations, which is expected to triple its mining power at the end of this year. The planned increase from 6.5 EH/s to 21 EH/s represents a 223% bump in computing power, leading to vigorous top-line expansion ahead.\nTaboola (TBLA)\nSource: Postmodern Studio / ShutterstockTaboola (NASDAQ:TBLA) is an online advertising giant that’s been one of the most consistent players over the years. Its consistent expansion is driven by strategic partnerships, triggering a ripple effect that attracts more brands while broadening its revenue streams in the process.\nIt wrapped up last year, with solid Q4 earnings where sales jumped 13% YOY to $419.8 million, while adjusted EBITDA rose $50.1 million, outperforming analyst estimates.  Furthermore, Taboola forecasts significant growth in 2024, aiming for a sturdy increase in sales at 33% to nearly $2 billion, with its adjusted EBITDA expected to surpass $200 million and $100 million in free cash flow. \nAlso, its partnership with Yahoo could potentially bring in $1 billion annually, significantly improving its financials this year and beyond.\nOn the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines\nMuslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University.Artificial Intelligence, Consumer Discretionary, Technology, TravelGrowth Stocks\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSubmit\n\n\n\n\n\n\n\nArticle printed from InvestorPlace Media, https://investorplace.com/2024/04/from-pennies-to-profits-3-stocks-that-could-transform-your-100-into-a-grand/.\n©2024 InvestorPlace Media, LLC","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}