Is It Too Late to Buy The Trade Desk Stock?
Some days, it's a joy to open your brokerage account and see a stock skyrocketing. That's exactly what The Trade Desk (NASDAQ: TTD) investors (including myself) experienced after the company reported its second-quarter results.
The stock spiked over 35% in one day due to fantastic results, but investors may wonder if they've missed the boat. Let's find out if The Trade Desk's great quarter was a one-time occurrence or if this is just the first of many positive quarters.
While investors and economists can argue all day if the economy is truly in a recession, the fact is that we see many signs around us. One of the most obvious signs is a decrease in advertising spending, which is an easy expense for businesses to control. Investors have already seen many ad-focused companies report disappointing quarters, so they didn't expect much from The Trade Desk.
Source Fool.com
