|Bid||52.46 x 1200|
|Ask||53.00 x 900|
|Day's Range||49.65 - 55.20|
|52 Week Range||39.39 - 114.09|
|Beta (5Y Monthly)||2.13|
|PE Ratio (TTM)||260.59|
|Earnings Date||Aug 08, 2022 - Aug 12, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||75.89|
The digital advertising industry has been thrown into chaos this year. It's more than just a deep stock market sell-off that's eating at digital ad software companies. The Trade Desk (NASDAQ: TTD) and PubMatic (NASDAQ: PUBM) are two such stocks that still look like great long-term buys right now.
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.
Like many other growth stocks, The Trade Desk's stock declined over the past six months as rising interest rates and other macro headwinds sparked a retreat toward more-conservative investments. What does The Trade Desk do? The Trade Desk operates the world's largest independent demand-side platform (DSP) for digital ads, which enables ad agencies, advertisers, and trade desks to bid on programmatic ad inventories and manage their own ads.