News26 Sep 2018 11:43
Forget a cash ISA! This FTSE 100 share could help you retire wealthy
THE MOTLEY FOOL
Sep 25th 2018 7:25AM
IMPROVING PERFORMANCE
Another company that could provide strong growth potential over the long term is technology media stock RhythmOne(LSE: RTHM). It announced on Tuesday that its CFO has resigned, with a replacement already having been made.
The company also released a first-half trading update, delivering strong growth in revenue and profitability. That growth was fuelled by an impressive performance in programmatic platform revenues, with the business delivering on its key objectives for the year. For example, it’s grown its base of data-driven engaged audience segments, while innovating around video and connected TV advertising.
Looking ahead, RhythmOne is forecast to post a rise in earnings of 11% in the next financial year. This puts its shares on a price-to-earnings growth (PEG) ratio of just 0.4, which suggests that it offers good value for money at the present time. While it’s a relatively small stock which could experience share price volatility, it appears to have a sound growth strategy as well as a wide margin of safety. As a result, its risk/reward ratio seems to be favourable at the present time.
https://www.aol.co.uk/news/2018/09/25/forget-a-cash-isa-this-ftse-100-share-could-help-you-retire-wea/