Jim Cramer - Mad MoneyThe Trade DeskTTDBUY ON WEAKNESSNov 09, 2020
They offer cloud-based digital ad campaigns on PCs and smartphones, an attractive alternative to Facebook and Google for advertisers. Buy gradually into weakness. The stock quadrupled since last year. Revenues up 32% YOY, earnigns growth 69%. Offered bullish forecast for Q4 and adjusted EBITDA far higher than the street's estimate. Recently bounced off a strong quarterly report.
Are struggling to adapt to the AI era. One of the worst performers last year. Is -20% this year already. Nothing to do with earnings. They fired their CEO after only five months.
The S&P's worst performer in 2025 at -67.7%, as it struggles to adapt to AI and faces competition from richer companies like Amazon. They had a bad rollout on their own AI offering.
Is -10% in one week. The CEO, in the conference call, said he was disappointed in himself and isn't clear how much things have really changed and if they will change. Wait another quarter before deciding.
Just bought more. Meta and GOOG have dominated digital ad spending, but connected TV is now seeing more of that spend. TTD sits in the middle of this huge secular trend. They use AI well to help place those ads. You can buy it here for an impending breakout. But it's volatile.
Reported a beat and was upgraded today and shares are popping 18% and rebounding from last November's earnings debacle. Were concerns over the video ad market, and the outlook was not confident.
They offer cloud-based digital ad campaigns on PCs and smartphones, an attractive alternative to Facebook and Google for advertisers. Buy gradually into weakness. The stock quadrupled since last year. Revenues up 32% YOY, earnigns growth 69%. Offered bullish forecast for Q4 and adjusted EBITDA far higher than the street's estimate. Recently bounced off a strong quarterly report.