Is Gambling.com Group (GAMB) The Top Risky Stock to Buy Now?

We recently published 10 Best Small-Cap Stocks With Huge Potential According to Reddit as Market Looks Beyond AI Trade. Gambling.com Group Ltd (NASDAQ:GAMB) is one of the best small-cap stocks according to Redditors.

Sports betting and performance marketing company Gambling.com is one of the most popular small-cap stocks on Reddit. However, many investors warned about the stock’s valuation and its volatile business model. The stock is down 66% so far this year. The company monetizes online gambling traffic and provides sports betting data and analytics.

Redditors like the stock because about half of its revenue is recurring, which includes marketing revenue shares and subscription-based sports data services. The company is diversifying its portfolio by forays into sports data and ticketing.

Earlier this month, the company posted its latest quarterly results. Earnings came in ahead of Wall Street estimates, but revenue fell short despite 21% annual growth.

While we acknowledge the risk and potential of GAMB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GAMB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.