The phrase "You get what you pay for" rings true in many areas of life. Whether it's buying appliances, a vehicle, or a stock in the market, it's an adage that seldom wavers. It's also something investors should remember when examining a stock like The Trade Desk (NASDAQ: TTD).

While the stock looks incredibly expensive, it's one of the best executors in the software industry and has a massive market it's trying to capture. Still, even the best companies bought at the wrong price can make for terrible investments. So is The Trade Desk too expensive to buy right now? Let's find out.

The Trade Desk is focused on bringing advertising technology to the digital age. Traditionally, this has looked like targeted ads in the margins of web pages, but The Trade Desk's offering is much greater than that. Advertisers can place content in the best locations on mobile devices, audio (like podcasts), and connected TV with its tools.

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Source Fool.com