Is The Trade Desk Stock a Buy?
After a rough start to 2021, shares of The Trade Desk (NASDAQ: TTD) are making a comeback with a vengeance and are homing back in on all-time highs. The business had never gone sour -- shares had perhaps just gotten ahead of themselves late last year after an epic 208% run in 2020. But this top advertising technologist is piecing together another great year as marketing and ads get updated for the times. This cloud software stock is still a buy.
The Trade Desk just provided its mid-year update for 2021, and business is firing on all cylinders. Q2 revenue was $280 million, just over double from a year ago during the start of the pandemic when marketing activity pumped the brakes. Compared to Q2 2019, revenue was up 75%.
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Source Fool.com
