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Could The Trade Desk Stock Help You Become a Millionaire?

TheMotleyFool

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Could The Trade Desk Stock Help You Become a Millionaire?: https://g.foolcdn.com/editorial/images/737326/couple-watching-tv.jpg

If you had invested $25,000 in The Trade Desk's (NASDAQ: TTD) initial public offering (IPO) in 2016, your investment would be worth $1.07 million today. The ad tech company delivered that return because it grew like a weed: From 2016 to 2022, its revenue had a compound annual growth rate (CAGR) of 41% as its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) had a CAGR of 47%.

You might be kicking yourself for missing out on those millionaire-making gains, but the stock could still have plenty of room to grow. Let's take a fresh look at its core growth engines to see if can replicate those massive gains.

Image source: Getty Images.

Source Fool.com

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