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The Trade DeskTTDWEAK BUYJan 05, 2024Stock price when the opinion was issued
As of Jun 18, 2026. Market Open.
They offer cloud-based digital ad campaigns on PCs and smartphones, an attractive alternative to Facebook and Google for advertisers. Buy gradually into weakness. The stock quadrupled since last year. Revenues up 32% YOY, earnigns growth 69%. Offered bullish forecast for Q4 and adjusted EBITDA far higher than the street's estimate. Recently bounced off a strong quarterly report.
Trades at a high 53x PE, which the market doesn't like. You can buy it, but you'll likely hold this for a long time before it makes money,w