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Is The Trade Desk Stock a Buy Now?

TheMotleyFool

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The Trade Desk (NASDAQ: TTD) has taken a big beating on the stock market so far this year, losing 41% of its value as of this writing, due to concerns about a slowdown in the company's growth. Investors pressed the panic button in February when the company reported lower-than-expected revenue for Q4 2024, along with a guidance miss for Q1 2025.

However, shares of the advertising technology company have climbed 63% since hitting a 52-week low on April 7. The Trade Desk's sell-off earlier this year caught my attention, and I considered it an attractive bet at the time.

But now that shares have begun to recover, is it still a good idea to buy? Let's find out.

Source Fool.com

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