10 Best Under-the-Radar Stocks to Buy Now

6. TaskUs, Inc. (NASDAQ:TASK)

Institutional Ownership: 19.01%

No. of Hedge Funds: 17

A Texas-based company, TaskUs, Inc. (NASDAQ:TASK) provides outsourced digital services to high-growth technology companies. Its portfolio includes content moderation, customer support, and AI operations. The company serves a wide range of customers from the social media, e-commerce, fintech, and healthcare sectors. TaskUs, Inc. (NASDAQ:TASK) earns its competitive advantage by focusing on agile delivery and digital fluency. Specializing in content safety and trust & safety services, the company gains a strong foothold amid rising platform accountability demands.

TaskUs, Inc. (NASDAQ:TASK) saw a 17.1% year-over-year increase in its revenue in 2024. However, the adjusted EBITDA margin fell short of its guidance of 21.1% by 1.5%. However, the decline was due to various investments in AI technologies and generative AI services. The company anticipates revenue growth and expanded margins in 2025 with these investments. Specifically, the company projects total revenue between $1.095 billion and $1.125 billion for 2025, accelerating year-over-year growth across all three service lines: digital customer experience, content security, and AI operations.

TaskUs, Inc. (NASDAQ:TASK) boasts 19.01% institutional ownership and garners the attention of 17 hedge funds, as per Insider Monkey’s Q4 2024 database. The growing institutional interest represents the stock’s consistently gaining traction in the list of best under-the-radar stocks with long-term growth potential.