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Stock impact report

3 Inflated Stocks We Think Twice About [Yahoo! Finance]

ON24, Inc. (ONTF) 
Company Research Source: Yahoo! Finance
While momentum can be a leading indicator, it has burned many investors as it doesn't always correlate with long-term success. On that note, here are three overhyped stocks that may correct and some you should consider instead. One-Month Return: +37.5% Powering over 1,700 companies' virtual marketing efforts since 1998, ON24 (NYSE:ONTF) provides a cloud-based platform that enables businesses to create interactive digital experiences and capture actionable data from customer engagement. Why Do We Pass on ONTF? Offerings couldn't generate interest over the last year as its billings have averaged 8.1% declines Sales are expected to decline once again over the next 12 months as it continues working through a challenging demand environment Poor expense management has led to operating margin losses ON24 is trading at $7.96 per share, or 2.5x forward price-to-sales. If you're considering ONTF for your portfolio, see our FREE research report to learn more One-Month Return: +1 Show less Read more
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