Small-cap

Taboola runs a large open-web advertising platform that helps publishers monetize audiences and advertisers drive results. Revenue growth has resumed, free cash flow has climbed sharply, and low leverage gives the company more flexibility as it expands beyond content recommendations.

Stagwell is a digital-first marketing network serving brands across media, creative, analytics, and performance advertising. Recent revenue momentum and much stronger cash flow make the company worth a closer look, especially as it expands in AI, retail media, and live events.

Gannett, owner of USA TODAY, combines national reach with a wide local media network. The key point is its shift toward digital subscriptions and marketing services while still producing cash flow, making the long-term outlook hinge on execution of the turnaround.