The Trade Desk Stock Is Up 100% This Year. What's Next?
Shares of The Trade Desk (NASDAQ: TTD) have soared following the company's third-quarter results earlier this month. The stock has risen more than 20% since the Nov. 7 report. Zooming out further, the stock's rise is even more impressive: Shares have doubled year to date.
But with the stock rising so sharply recently, expectations for the underlying business are sky high. Will The Trade Desk be able to deliver more strong business growth in 2020 and beyond? A closer look at the digital advertising platform specialist's key catalysts suggest there's still room for more robust growth. Two growth drivers, in particular, look poised to contribute meaningfully to The Trade Desk's growth story in 2020: Connected TV and audio.
Here's a look at these two key catalysts.
Source Fool.com
