Elliott Fishman
The Trade Desk
TTD-Q
HOLD
May 24, 2019
Stock looks great. If it took a dive, there's no way to say where it would stop. Momentum is key on a stock like this. If he had it, he'd hold it. As long as it continues around $180, he'd continue to buy. Otherwise, he'd lighten up. Doesn't see enough consolidation or base building on the downside.
A fairly high growth company in the advertising space. Unlike other companies, this is a profitable company. The operating leverage, mix between revenue growth and net income growth, is positive. The valuation is very rich without a dividend payout.