TTD is benefiting from an innovative portfolio and a rich partner base. However, a stretched valuation and fierce competition pose concerns.
In the closing of the recent trading day, The Trade Desk (TTD) stood at $120.84, denoting a +0.97% change from the preceding trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The Trade Desk (TTD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The Trade Desk (TTD) is "one of our highest-conviction bullish names," says @LikeFolio's Megan Brantley. She points to several tailwinds behind the company, most notably ad revenue spending.
In the most recent trading session, The Trade Desk (TTD) closed at $121.52, indicating a +0.09% shift from the previous trading day.
Shares of The Trade Desk (TTD 0.09%) rose 63.3% in 2024, according to data from S&P Global Market Intelligence. That's a market-smashing success story even in a year where the S&P 500 (^GSPC 0.16%) market index increased by 23.4%.
The Trade Desk (TTD) possesses solid growth attributes, which could help it handily outperform the market.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The Trade Desk (TTD) reachead $121.39 at the closing of the latest trading day, reflecting a -1.68% change compared to its last close.
Recently, Zacks.com users have been paying close attention to The Trade Desk (TTD). This makes it worthwhile to examine what the stock has in store.
TTD shares are riding on an innovative portfolio and rich partner base, though stretched valuation and fierce competition pose concerns.