Expect Strong Execution From The Trade Desk in Q3
The Trade Desk (NASDAQ: TTD) investors have applauded the digital ad-buying platform's performance over the past year, sending shares up more than 70%. This gain has been supported by soaring revenue and profits.
The stock's strong performance, of course, makes The Trade Desk's third-quarter update all the more important. Can the company live up to its premium valuation? While there's no way to know whether shares will move up or down following the company's third-quarter update next month, investors can expect one thing with near certainty: more strong momentum in the company's underlying business.
Here are several reasons The Trade Desk is likely to report more robust business growth in Q3.
Source Fool.com