Josh Brown, CEO, Ritholtz Wealth Management
The Trade Desk
TTD-Q
BUY
Aug 16, 2024
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.
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.
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.