353.00 -1.29 (-0.00%)
After hours: 5:49PM EDT
|Bid||353.04 x 1000|
|Ask||354.00 x 1100|
|Day's Range||333.00 - 360.41|
|52 Week Range||136.00 - 360.41|
|Beta (5Y Monthly)||2.71|
|PE Ratio (TTM)||174.27|
|Earnings Date||Aug. 06, 2020 - Aug. 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||291.67|
Streaming hours are booming amid the coronavirus pandemic, and ad-supported streaming services are some of the biggest winners. Most connected-TV ads aren't bought directly through the media companies behind the various streaming services. Instead, they use a platform that aggregates inventory across multiple platforms or streaming services.
The coronavirus pandemic has forced businesses to make digital transformations. As automation holds the key, these five stocks are poised to rally further.
Trade Desk jumped, closing on a 327.45 handle buy point. The online advertising play hit a new high on May 7 – just before earnings. Then retreated. Shows risk of buying stock running straight up from the bottom.
Two companies that could see some headwinds in the near-term but may see accelerated momentum over the long haul due to COVID-19's impact on the economy are growth stocks The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU). Both the Trade Desk and Roku have a common denominator that makes them worthwhile long-term investments: great positioning in the fast-growing connected TV (CTV) market. As viewers continue shifting to CTV and cut the cord, there will likely be a tipping point when marketing on traditional TV won't make sense and ad dollars will flood the CTV market.
ZALORA, Asia’s leading online fashion destination, and The Trade Desk, a global advertising technology platform, have agreed to collaborate on attribution integration across Asia. The attribution integration will allow participating brands selling on ZALORA the opportunity to measure conversions and sales value generated from advertising campaigns delivered via The Trade Desk.
There are a few fantastic growth stocks that you can buy right now that have a good shot at making you a lot of money relatively quickly. David Gardner, co-founder of The Motley Fool, thinks that investors should "make your portfolio reflect your best vision for our future." One really positive vision for the future is a world where most cases of cancer can be detected early enough to be successfully treated.
Maybe you've had some cash on the sidelines as major market indices have rebounded sharply from lows in March and feel like you've missed all the good investment opportunities. Consider buying shares of tech giant Apple (NASDAQ: AAPL), insurance and investment conglomerate Berkshire Hathaway (NYSE: BRK.B) (NYSE: BRK.A), and data-driven ad-buying specialist The Trade Desk (NASDAQ: TTD). One of the rare high-quality stocks still trading near the low it saw in March is Berkshire Hathaway -- the insurance and investment conglomerate led by famed investor Warren Buffett.
Global advertising technology leader, The Trade Desk (NASDAQ:TTD), today announced that Vivian Yang plans to step down as its Chief Legal Officer. Ms. Yang has served as The Trade Desk’s first Chief Legal Officer since 2016. In that time, she has built The Trade Desk’s legal function and led the legal and regulatory aspects of The Trade Desk’s evolution as a public company, including its highly successful Initial Public Offering. Ms. Yang intends to stay until her successor takes the role to ensure a smooth transition.
Here are three growth stocks I'd buy right now. In my view, the best stocks to buy are those of companies that are growing fast, have a huge addressable market, and have a clear competitive advantage that should enable them to capture a big chunk of that market. Alteryx provides a cloud-based software platform that enables quick and easy analysis of large amounts of data.
In fact, The Trade Desk (NASDAQ: TTD) says its most important catalyst -- connected TV (CTV) -- has already rebounded sharply. Here's a close look at why The Trade Desk investors can still count on CTV to be a major growth driver for the company. The Trade Desk CEO Jeff Green has been bullish on the opportunity for data-driven digital advertising on connected TV for years.
Citigroup (NYSE:C) analyst Mark May maintained a Hold rating on Trade Desk (NASDAQ:TTD) Inc on Tuesday, setting a price target of $320, which is approximately 1.43% above the present share price of $315.5.
The digital advertising expert bounced back from a dramatic price drop in March thanks to a solid earnings report from Alphabet and improving trends in the coronavirus crisis.
The U.S. economy lost more than 20 million jobs in April, with the labor force shrinking to its lowest level since 2011 and unemployment soaring more than 10 percentage points to 14.7%. The S&P 500 (SNPINDEX: ^GSPC) gained 31 points to 2,912, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 89 points to 9,068. The coronavirus pandemic has had massive impacts on businesses across the globe, and one huge opponent of lockdown measures has been Elon Musk, CEO of Tesla (NASDAQ: TSLA).
Despite the coronavirus negatively impacting advertising spend during the last few weeks of March, The Trade Desk (NASDAQ: TTD) still managed to post some impressive growth during Q1. Despite a strong first quarter that featured better-than-expected results on both The Trade Desk's top and bottom lines, investors should brace for a potential significant slowdown in Q2. Overall, however, there were lots of reasons to be optimistic about The Trade Desk's business.
The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its first quarter ended March 31, 2020.
Programmatic advertising specialist The Trade Desk (NASDAQ: TTD) has been no exception. Further, investors will be looking for an update on how The Trade Desk is managing the impact of the coronavirus. Going into The Trade Desk's earnings report, here are several key items to check on.
The Trade Desk's (TTD) first-quarter results are likely to reflect strength in connectedTV ad spending, programmatic ad buying and a growing partner ecosystem despite coronavirus-related woes.