Is it Time to Invest in the Advertising Rally?
Many advertising companies have been witnessing a strong rally over the past few months with corporate advertising spending picking up and the general economic recovery in the aftermath of the Covid-19 pandemic.
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Publicis Gets Through 2020 Unharmed And Is Still Cheap
Publicis is one of the largest advertising agencies in the world, and despite the COVID pandemic, its 2020 results were pretty good. The company has a history of pursuing expensive M&A after it needs to reduce the leverage on its balance sheet.