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BALTIMORE, MD / ACCESSWIRE / October 27, 2020 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has issued a research update on Findit, Inc. (OTCPINK:FDIT) in which it has raised its price target. Findit is a full-service social networking management platform and online marketing service. To view the new research update, along with disclosures and disclaimers, or to download it in its entirety, please visit https://www.goldmanresearch.com/202010271292/Opportunity-Research/raising-price-target-on-findit.html
Findit.com is a highly successful social media and networking content management platform. The Company's scalable, solution-based disruptive platform offers users innovation that dramatically improves social media awareness and marketing outcomes as compared with the standard-bearers. Findit's approach exposes the flaws inherent in the models of the leading players and enables SMBs and individuals to post and share content across 80 social platforms and get indexed by top search engines Google, Yahoo! and Bing. Thus, users' web presences are enhanced due to improved search and social media indexing. Plus, the unique leverage of the platform can take users' presence to an unmatched level in rankings and reach.
In the Opportunity Research update, analyst Rob Goldman discusses why he raised his price target and that Goldman Small Cap Research has elected to become a member and client of the Company, given Findit's effective and attractive features and offerings.
Goldman noted, "Recent events have prompted us to raise our target by roughly 20% as the Company is gaining strong business traction ahead of our forecasts. Moreover, we believe elements of its model are set to attract a steady stream of new users fed up with current social media censorship, translating into new business and an expanded reach. Findit is gaining strong traction with new and existing customers who see the benefits of the Company's innovative approach. In fact, we have begun procuring keywords and plan to become an active member and client. In our view, with new video and other features in the offing, it is like Facebook 10 years ago but with a better mousetrap and improved post sharing and indexing capabilities."
"One of the main issues infuriating social media users is content censorship or the use of algorithms that place other posts ahead of your own or other posts in which you have a strong interest. This is a high profile and pervasive problem. Since one of the hallmarks of Findit is that it does not censor posts, we believe a major user signup expansion is set to occur, generating new revenue," continued Goldman.
"Since our initiation a month ago, the stock hit a new 52-week high (before dropping off), average volume has doubled and the stock trades above its 50 and 200-day moving averages. Clearly, the Findit story resonates with investors and members/clients alike and new traction/features could take the stock to new heights," concluded Goldman.
About Goldman Small Cap Research:
Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
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This press release contains excerpts of our most recently published company report on Findit, Inc. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Findit, Inc. ("the Company"). The information includes authorized press releases or legal disclosures made in their filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets, and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.
A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, sector or industry snapshot, podcast interview, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. A Speculative Buy rating for our covered companies is defined as a company that we believe exhibits the potential to generate outsized returns despite inherent, above-average business, market, or financial risk. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Since September 2020, Goldman Small Cap Research was compensated $5500 by a third party for the production and distribution of research reports and updates, and associated press release and distribution.
Goldman Small Cap Research
Rob Goldman, Analyst
SOURCE: Goldman Small Cap Research
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