8 Best Advertising Agency Stocks to Buy According to Hedge Funds

7. PubMatic Inc. (NASDAQ:PUBM)

PubMatic Inc. (NASDAQ:PUBM) is one of the 8 best advertising agency stocks to buy according to hedge funds.

On March 25, PubMatic Inc. (NASDAQ:PUBM) announced its partnership with Untapped Growth, which is a multibillion-dollar media buying consortium for independent agencies, to integrate its member agencies with AgenticOS. Such a collaboration supports a bullish argument in favor of the stock, which appears to be one of the most favored names by hedge funds across the advertising sphere.

With this partnership, member agencies will be able to launch proprietary buyer agents within PubMatic’s platform. This would allow them to build and launch campaigns using the best data partners and premium inventory across connected TV, mobile, and online video. Kyle Dozeman, the Chief Revenue Officer at PubMatic, stated that the agentic technology usually just replaces manual work and doesn’t solve the underlying issues in the supply chain. However, PubMatic’s technology only requires one connection, providing users with access to the entire dataset and premium inventory.

The results of early AgenticOS campaigns have shown a reduction of 40-50% in supply chain costs. There was a 40% increase in impressions, a 30% decrease in eCPMs, 87% increase in campaign setup speed, and a 70% increase in error troubleshooting speeds as compared to standard working methods.

PubMatic Inc. (NASDAQ:PUBM) is a provider of a cloud-based platform that allows real-time programmatic advertising transactions. It offers platforms for the sales and purchase of digital advertising inventory and header bidding. It also facilitates buyers to directly execute deals and get additional insights and data. The company is engaged in the sale of ID management systems and commerce media solutions as well.