InvestIdeas

not vested

THE ONLINE ERA SPARKS ANOTHER TRIPLE-DIGIT RISE

Today's company is riding high as folks spend more time online...

The Trade Desk (TTD) is a global leader in digital advertising. It sells the technology that helps advertisers reach specific audiences wherever they go online – websites, smartphone apps, or streaming services.

The Trade Desk's AI-based software lets its customers control when, where, and how many times their ads are displayed. Advertisers clearly need this service today...

The Trade Desk's revenue hit $216 million in the most recent quarter – up 32% year over year.

As the chart shows, TTD has rocketed roughly 500% higher since its March bottom and recently hit an all-time high.

As advertisers continue to turn to The Trade Desk to help reach homebound consumers, shares should remain in an uptrend...

Source: Daily Wealth

not vested

The Trade Desk: Down 75%, But a Reversal May Be Near

by Sam Quirke


Key Points

Shares of The Trade Desk have collapsed more than 75% since last summer, and sentiment has fallen close to rock bottom.

The stock’s short interest is now above 11%, creating the conditions for a potential squeeze if momentum can flip.

With earnings fast approaching and expectations low, the risk-reward setup is looking unusually attractive.

Source: Market Beat