Opera: AI Monetization Shows Promise, Compelling Growth And Dividend Prospects
OPRAOpera(OPRA) Seeking Alpha·2024-06-28 00:00
baona/iStock via Getty ImagesWe previously covered Opera Limited (NASDAQ:OPRA) in March 2024, discussing why we had maintained our Buy rating, as the management increasingly monetized its gaming platform, advertising, and search engine capabilities. Combined with the management's use of robust cash flow for shareholder returns, we believed that it continued to offer both value and growth opportunities at current levels. Since then, OPRA has retraced by -9.4% well underperforming the wider market at +6%, ...