3 Reasons to Buy The Trade Desk Stock, and 1 Reason to Sell
The Trade Desk's (NASDAQ: TTD) stock skyrocketed nearly 860% over the past five years as the S&P 500 rose just over 40%. The ad tech company impressed investors with its breakneck growth: Between 2016 and 2021, its revenue rose at a compound annual growth rate (CAGR) of 43% as it net income grew at a CAGR of 46%. The Trade Desk is the world's largest independent demand-side platform (DSP) for digital ads.