Will The Trade Desk Stock Be a Trillion-Dollar Stock by 2040?
The digital ad industry has become a massive business that changed the face of advertising and driven considerable returns in ad stocks such as and Meta Platforms.
However, The Trade Desk (NASDAQ: TTD) has built a demand-side platform to allow advertisers and agencies to manage ad campaigns. Through its technology, the company has attracted many of the world's largest companies and earned more than $1.3 billion in revenue in the first nine months of 2023. That 23% increase also helped it earn a profit during that period.
The Trade Desk has become a large-cap stock, but does that allow it to reach a $1 trillion market cap by 2040? Let's take a closer look.
Source Fool.com
Alphabet Inc. A Aktie
147,96 €
0,43 %
Überwältigende Zustimmung für Alphabet Inc. A mit ausschließlich Buy-Einschätzungen.
Bei einem Kursziel von 179 € ergibt sich ein positives Potenzial von 20.98% für Alphabet Inc. A im Vergleich zum aktuellen Kurs von 147.96 €.
