Strong Performance, Products Have The Trade Desk Rising

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TTD offers customers a digital advertising platform that is branching out further into avenues like connected television and AI-aided ad buys. On the latter front, the company’s new Kokai platform uses AI and has shown promising acquisition cost results and solid performance. The Trade Desk has shown an ability to grow its lines of business over time.

In terms of earnings, TTD’s second-quarter earnings showed revenue growth of 26% on a year-over-year basis (to $585 million) and net income of $0.39 per share. The company has a strong financial position too, as evidenced by its $1.5 billion in cash and zero debt.

It’s no wonder TTD shares have gained 61% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

The Trade Desk Shares Eyed by Big Money

Institutional volumes reveal plenty. In the last year, TTD has enjoyed heavy Big Money buying, which we believe to be institutional accumulation.

Each of the green bars signal unusually large volumes in TTD shares, pushing the stock higher:

Source: www.mapsignals.com
Source: www.mapsignals.com

Plenty of discretionary names are under accumulation right now. But when you dive into the fundamentals, there’s a special tailwind going on with The Trade Desk.

The Trade Desk Fundamental Analysis

Institutional support coupled with a healthy fundamental backdrop makes this company worth investigating. As you can see, TTD has huge sales and earnings growth:

  • 3-year sales growth rate (+32.8%)

  • 3-year EPS growth rate (+42.3%)

Source: FactSet

Also, the one-year EPS outlook is estimated to increase by +16.1%.

Now it makes sense why the stock has been powering to new heights. TTD is gaining due to its strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

TTD has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 report numerous times since it began trading in 2016. The blue bars below show when TTD was a top pick…rising higher with time.

Source: www.mapsignals.com
Source: www.mapsignals.com

Tracking unusual volumes reveals the power of money flows.

This is a trait that most superstar stocks exhibit. Today’s money flows often reveal tomorrow’s leaders.

The Trade Desk Price Prediction

The TTD rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.