After all, it is a long and very treacherous road to that top. However, in reality, this is not very likely. Thus, it is very tempting for any investor to believe that this has the potential to be the next Facebook or Google. With that information, Opera can personalize the best experience for each user. Opera uses big data and AI (these are also broadly known as data science and data analytics) to gather information from all of its users. This is why its forward PE is only 16.80. This PE ratio is somewhat high, but when you compare it with its stellar past growth, then it looks much more reasonable. In 2018 the company produced roughly $35 million in profits, which would imply a PE ratio of approximately 23 at current price levels. Most importantly, it has shown that it can be profitable with this business model. These two provide the “secret sauce” to Opera’s browsing experience and ad efficacy. Furthermore, it is leveraging its growth prospects with help from big data and AI. After all, everyone's on the internet nowadays, and browsers are the tool we use to dive into it. Just for context, last quarter the company’s MAUs (monthly active users) grew by 85.3% to 134.1 million! Moreover, OPRA's product offers a new spin to browsers that might become a trend later on. It's an established global internet brand with a massive user base of hundreds of millions. Indeed the company is very well-positioned for such growth. It offers integrated messaging services, a news reader and even VR video and selfies. Opera is a web browser that delivers a customized experience for each user. Anything is possible in a bull market for high-growth tech stocks. Indeed OPRA can become a huge company as well and be worth ten times its present value in as little as 5 to 10 years. It is reminiscent of companies like Google ( GOOG) and Facebook ( FB) and others in the sense that it is an internet company with excellent growth prospects. Opera Limited (NASDAQ: NASDAQ: OPRA) is a fascinating internet stock, but it's not without its risks.
0 kommentar(er)
