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I have been selling my OMC stock. Industry in decline - size won't make it any better. Also, extremely low 401k match is a sign of poor financials.
What is the match these days? Half of 4% or something?
I’m not a financial advisor and I’m not offering financial advice, but no.
The merger is like two dump trucks colliding.
Chief
Yes, two majestic, magnificent and very great dump trucks full of highly capable capabilities, robust synergistic synergies and the most technological technologistic technologies.
AI.
Definitely sell your NVIDIA and Open AI shares then buy Omnicom. You won’t regret it.
Chief
I’d say no. This feels like a defensive maneuver being made by what’s still, big picture, a dying animal. Thinking possibly a slight bump in the near term but ultimately the stock may go down a little less quickly, at best.
If they had the ability to increase fees (revenue) after consolidation, yes. Will they? No.
They have no leverage because most of the ad units you see on your phone are demand gen and brand building is done on the product side now.
Add the fact that the leadership is openly confused about AI , and I’m not a financial advisor but this doesn’t look good.
Merger is code for liquidation.