Is The Trade Desk a Buy Now?
Shares of The Trade Desk (NASDAQ: TTD) closed at an all-time high of $111.64 last November. But as of this writing, the advertising technology company's stock trades just above $50.
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. But does that pullback represent a good buying opportunity for long-term investors?
Image source: Getty Images.
Source Fool.com
