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Posted by
Two Blokes Apr 17 -
Filed in
Stock
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2 views
I have a 'Buy' rating on The Trade Desk due to its attractive valuation, strong technical support, and promising growth potential ahead of Q1 earnings. Despite a disappointing Q4 and a sharp decline, TTD remains strong in high-growth areas like connected TV and retail media, with solid free cash flow. TTD's forward P/E ratio is at an all-time low, making it a cheap buy with a fair value estimate of $63, significantly above the current price.