Seeking Alpha

Rocket Fuel jumps on Goldman coverage launch

  • Goldman's Debra Schawartz has started coverage on Rocket Fuel (FUEL +7.7%) with a Buy and $69 PT.
  • She declares the adoption of programmatic ad-buying solutions such as Rocket Fuel's "one of the more significant undercurrents shaping the online advertising landscape in 2014," and thinks higher penetration rates and new sales channels will drive the company's estimates higher in spite of intense competition.
  • eMarketer has forecast global programmatic display ad sales will grow 38% in 2014 to $16.6B, after growing 58% in 2013. Real-time bidding (RTB) solutions such as Rocket Fuel's have been steadily growing their share of programmatic ad spend.
  • Criteo (CRTO +0.1%) also competes in the programmatic market, as do Google (DoubleClick), AOL, and Yahoo.
Comments (2)
  • aow
    , contributor
    Comments (142) | Send Message
     
    Last time I check FUEL had a crazy high short interest (about 20%) and a fairly low float. This is getting quite the squeeze!
    10 Feb 2014, 10:55 AM Reply Like
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Crsmer had CEO on his show last week. Classic Cramer pump job
    10 Feb 2014, 11:21 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs