There is a lot to like about The Trade Desk (NASDAQ: TTD). Thanks to its innovative solutions, the ad-tech company outperformed the broader online advertising market over the last few years, all while generating profits as well. And in addition to some short and medium-term catalysts, The Trade Desk has developed a long-term competitive advantage.
Given its potential, the valuation of this growth stock isn't cheap. Let's see whether shares of The Trade Desk could still be a buy despite getting back to their high mark.
Source Fool.com