Summary: ON SALE
Score: 14/20
MOS: 68%
Share Price: $40
Sticker Price: $130
Is TechTarget a good buy?
TechTarget is a data company based out of Newton, MA that provides data to over 1,300 B2B tech companies including Amazon, Citrix, Microsoft, IBM, DELL, and Oracle.
Overall, the data that TechTarget provides helps large businesses market and sell their products and services to other large businesses.
Don’t underestimate the power of data. Having the right data can help you find the right customer, address their pain points, market with more efficiency, and close more sales with less effort. Without the right data, businesses can spin their wheels without making traction.
Also keep in mind this is an enterprise business. They serve large businesses which means they are signing contracts that expand for years. This creates predictable recurring revenue.
With a score of 14/20, this company definitely has strong financials. With a share price of $40 and a sticker price of $130, there is clear upside potential.
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