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Is The Trade Desk Stock a Buy Now?

TheMotleyFool

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The Trade Desk's (NASDAQ: TTD) stock surged 33% on Feb. 15 after it posted its fourth-quarter earnings report. The advertising technology company's revenue rose 24% year over year to $491 million, which narrowly missed analysts' estimates by $1 million. But its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 28% to $245 million, or $0.38 per share, and cleared the consensus forecast by two cents.

For the full year, its revenue rose 32% to $1.58 billion as its adjusted EBITDA grew 33% to $668 million. Those robust growth rates suggested it was well-insulated from the macro headwinds, but is its stock still worth buying after its post-earnings pop?

Image source: Getty Images.

Source Fool.com

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