High-quality stocks still offer value in volatile market
September 15, 2022
Trending News ☀️
Veritone Intrinsic Value – VERITONE($NASDAQ:VERI): High-quality stocks offer investors plenty of value, even in volatile markets. Many high-growth tech companies have seen their stock prices battered in recent months, but there is still plenty of value to be found in these companies. investors should focus on buying high-quality stocks that are still performing well, even in challenging market conditions. By doing so, they can weather the volatility and come out ahead in the long run.
Share Price
Despite the volatility in the stock market, VERITONE stock opened at $6.8 and closed at $6.9 on Wednesday. This is an increase of 0.3% from the previous closing price of $6.9.
VI Analysis – Veritone Intrinsic Value
The company’s fundamentals are a good reflection of its long term potential. The fair value of the company’s stock is around $24.0, which is calculated by the VI Line. The current price of the stock is $6.9, which means it is undervalued by 71%.
Summary
One such stock is VERITONE , a leading provider of artificial intelligence and audio analytics solutions. Despite the recent market volatility, VERITONE has continued to outperform the broader market. What makes VERITONE so attractive is its strong growth prospects. The company is at the forefront of the AI revolution and is well-positioned to benefit from the growing demand for AI solutions. The company’s strong growth prospects and niche position make it a compelling investment despite the volatile market conditions.
