Should You Buy the Dip and Follow Insiders into These 10 Stocks?

7. Thumzup Media Corporation (NASDAQ:TZUP)

Number of Insiders Buying: 1

Market Capitalization: $35.54 million

Thumzup Media Corporation operates as a Software-as-a-Service (SaaS) provider in the U.S. The Los Angeles, California-headquartered company builds influencer and gig economy community under the Thumzup mobile application.

In December the company confirmed the official integration of its platform with Elon Musk’s X Corp (formerly Twitter). This milestone granted Thumzup advertisers access to X’s impressive base of 535 million monthly active users, positioning the company higher in the digital advertising world.

In March, one insider, made three purchases acquiring that way a total of $32,457.20 worth of Thumzup shares at an average price of $3.61. Currently, the stock trades at $3.77 per share, having gained 9.91% since the beginning of the year. Over the past 12 months, its shares lost 16.41%.

Recently, the company announced it has surpassed 700 advertisers, achieving a CAGR of over 200%, highlighting its strong momentum in the $500 billion digital advertising market.

Currently, analyst coverage on Thumzup Media stock is limited.