Maxim Group Reiterated a Buy Rating on Rumble Inc (RUM)

Rumble Inc. (NASDAQ:RUM) is one of the Best Stocks Under $10 With Biggest Upside Potential. On June 16, Tom Forte from Maxim Group reiterated a Buy rating on Rumble Inc. (NASDAQ:RUM) with a price target of $20.

The analyst highlighted the recent hiring of Ben Torres Ezrick as Rumble’s first Chief Marketing Officer as a key strategic move. Ezrick’s experience with major tech platforms like Zoom and Google Maps is expected to boost the company’s brand, expand its audience, and enhance monetization.

Forte also pointed to the upcoming launch of the Rumble Wallet, in partnership with Tether, which is expected to diversify Rumble Inc. (NASDAQ:RUM)’s offerings and strengthen its position in the crypto market. The company’s solid financial health, including a large cash reserve and no debt, supports these growth initiatives.

Rumble Inc. (NASDAQ:RUM) is a video sharing platform that allows users to watch, upload, and livestream videos through its flagship site, Rumble.com.

While we acknowledge the potential of RUM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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