2024-04-09 10:24:03 ET
Summary
- The Trade Desk's growth has slowed down compared to its earlier years, and its shares are trading at a high valuation.
- The company operates in the intersection of advertising and tech, which presents attractive business opportunities.
- The Trade Desk's near-term outlook is positive, but its profit performance has been somewhat disappointing, and its valuation is relatively high compared to other tech companies.
Article Thesis
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The Trade Desk: Strong And Expensive