Why Interpublic Group of Companies Inc. (IPG) Went Up On Monday?

We recently published a list of 10 Firms Kick Off Trading Week Stronger. In this article, we are going to take a look at where Interpublic Group of Companies Inc. (NYSE:IPG) stands against other firms that kicked off the trading week stronger.

The stock market began the trading week on a mixed note as investors continued to digest President Donald Trump’s new tariff agenda, with all economies expecting to be hit by import taxes.

Among all major indices, only the Nasdaq registered losses, down 0.14 percent. In contrast, the Dow Jones jumped by 1 percent while the S&P 500 grew by 0.55 percent.

Despite the broader market downturn, 10 individual stocks stood their ground, finishing the day in the green amid a flurry of fresh corporate developments that boosted investor appetite.

In this article, we named Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

A modern advertising billboard promoting a company’s services in the cityscape.

Shares of The Interpublic Group of Companies rose by 3.31 percent on Monday to close at $27.16 apiece as investors resorted to bargain-hunting after being just 5 percent shy of its 52-week low.

IPG, a marketing and communications holding company, touched a 52-week intra-day low of $25.85 on March 18 and closed at its lowest price of $25.93 last Monday.

Its share performance was further dragged by a pessimistic outlook for the advertising agency this year due to a lack of economic visibility and a decline in consumer confidence that could drag marketing and advertising budgets over the short-term period.

IPG research unit Magna revised its US ads forecast on Wednesday, saying that it now expects US ad sales to rise by only 4.3 percent year-on-year to $397 billion as compared with 4.9 percent in 2025.

Overall, IPG ranks 9th on our list of firms that kicked off the trading week stronger. While we acknowledge the potential of IPG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as IPG but trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.