12 Best Multibagger Penny Stocks to Buy Now

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6. Bridgeline Digital, Inc. (NASDAQ:BLIN)

Stock Performance Over Last Year: 153.43%

Number of Hedge Fund Holders: 3

Share Price as of February 5: $1.95

Bridgeline Digital, Inc. (NASDAQ:BLIN) develops AI-powered marketing technology solutions. Its main product is the HawkSearch platform, which offers site search and personalization features for developers, merchandisers, and, most importantly, marketers.

The HawkSearch platform is a market favorite because two major clients recently implemented it. Bridgeline Digital, Inc. (NASDAQ:BLIN) announced that a prominent global manufacturer of life safety equipment and training for first responders and law enforcement successfully implemented HawkSearch. A day later, a leading provider in the JanSan (Janitorial and Sanitation) industry adopted the platform to, according to the statement, “optimize product discovery on its Optimizely-powered eCommerce site.”

HawkSearch utilizes Salesforce Commerce Cloud to enhance the search experience across the product catalog. Users can also use it to promote specific products, manage out-of-stock items, and refine search result rankings. With a lot of activity and daily interactions worldwide moving online, this tells you that Bridgeline Digital’s stock is likely to see more gains than what it has accomplished so far.

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