|Bid||6.89 x 3100|
|Ask||7.02 x 4000|
|Day's Range||6.55 - 7.00|
|52 Week Range||6.30 - 31.55|
|Beta (5Y Monthly)||2.03|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The stocks for The Trade Desk (NASDAQ: TTD) and Magnite (NASDAQ: MGNI) were both crushed this year as inflation, recessionary fears, and other macro headwinds drove investors away from ad tech stocks. The Trade Desk shed nearly 40% of its value this year, while Magnite fared worse with a decline of more than 60%. The Trade Desk is the world's largest independent demand-side platform (DSP) for digital ads.
If you'd invested $5,000 in an S&P 500 index fund 10 years ago, your investment would be worth around $12,500 today. For example, a $5,000 investment in Amazon (NASDAQ: AMZN) would have grown over the past decade to around $44,000, while the same investment in Google (whose parent company is now called Alphabet) would be worth nearly $27,000 today. Not every stock will be the next Amazon or Alphabet, but some lucrative long-term buying opportunities have emerged in the growing cloud, semiconductor, and ad-tech markets as the grueling bear market drags on.
Looking at Magnite, Inc.'s ( NASDAQ:MGNI ) insider transactions over the last year, we can see that insiders were net...