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3 Crazy Good Stocks to Buy With $500 Right Now
ADTHAdTheorent(ADTH) Investor Place·2024-06-12 10:00

Group 1: Market Overview - The stock market has become more accessible, allowing individuals with limited funds to invest and build retirement savings without incurring transaction fees [1] - The democratization of investing has leveled the playing field for all investors [1] Group 2: AdTheorent Holding (ADTH) - AdTheorent utilizes AI and machine learning to enhance programmatic digital advertising, making it more effective and efficient [2] - The programmatic ad spending is projected to grow from 545billioninthepreviousyearto545 billion in the previous year to 779 billion by 2028, indicating a significant market opportunity [3] - In 2023, AdTheorent's revenue increased by 2.8% to $170.8 million, with expectations for double-digit growth in the current year [3] Group 3: XOMA (XOMA) - XOMA operates as a royalty aggregator in the biotech sector, providing upfront capital to biotechs in exchange for milestone payments and royalties [4][5] - The company partners with major pharmaceutical firms like AstraZeneca, Merck, and Novartis, enhancing its portfolio's potential for blockbuster drugs [5] - XOMA started 2024 with the highest cash reserves in its history and has already begun acquiring new opportunities [6] Group 4: Rigetti Computing (RGTI) - Rigetti Computing is focused on quantum computing, a technology that promises to perform tasks significantly faster than traditional computers [7] - The company has recently improved its quantum computer's error performance by 2.5 times and won a contract to deliver a quantum computing system to the U.K.'s National Quantum Computing Centre [8] - Despite being a loss-producing tech stock, Rigetti's stock has increased by 6% since the beginning of 2024, indicating potential for future growth [8]