The Trade Desk Stock: Bear vs. Bull
If you had invested $1,000 in The Trade Desk (NASDAQ: TTD) when it went public in September 2016, your investment would be worth nearly $37,000 today. The same investment in an S&P 500 index fund would have only grown to about $1,900.
This ad tech company easily outperformed the market because its growth rates were explosive. Between 2016 and 2021, its annual revenue rose at a compound annual growth rate (CAGR) of 43% as its net income grew at a CAGR of 46%. But does The Trade Desk still have room to run after those massive gains? Let's review the bear and bull cases to find out.
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Source Fool.com
