The Trade Desk (TTD) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, TTD crossed above the 200-day moving average, suggesting a long-term bullish trend.
The Trade Desk has outperformed the S&P 500 since my last article, demonstrating strong growth momentum and resilience. Upcoming earnings preview suggests continued robust figures and a positive outlook, supported by strong industry growth. Valuation remains elevated versus peers, but scenario analysis shows potential to grow into current pricing.
The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Trade Desk (TTD) reached $86.14 at the closing of the latest trading day, reflecting a +1.34% change compared to its last close.
Programmatic digital advertising provider The Trade Desk (TTD -1.46%) is the latest company to join the S&P 500 index, doing so on July 18. The addition explains why shares of the company shot up an impressive 6% on the day following the announcement that it would join.
In the closing of the recent trading day, The Trade Desk (TTD) stood at $80.21, denoting a -1.51% move from the preceding trading day.
The Trade Desk (TTD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Digital advertising leader, The Trade Desk NASDAQ: TTD, recently saw its stock price and trading activity surge. The driver behind this market excitement is a major corporate milestone: The company is set to join the prestigious S&P 500 index, effective before the market opens on July 18, 2025.
The Trade Desk bets on retail media as its next growth engine, building on CTV success and deepening ties with major retailers.
The Trade Desk (TTD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The Trade Desk, Inc. is benefiting from strong tailwinds in Connected TV and the shift away from walled gardens in the digital ad market. S&P 500 inclusion adds momentum, forcing index funds to buy TTD shares and likely driving the stock higher in the near term. Despite a premium valuation, TTD's profitability, robust margins, and strong cash position support further upside potential.
Trade Desk Inc (NASDAQ:TTD) shares jumped almost 10% after it was revealed the digital advertising technology firm will be added to the S&P 500 later this week. The company will join the index before the opening of trading on Friday.