This Magnificent Growth Stock Just Made a Big Move, but Should You Buy It?
TTDThe Trade Desk(TTD) The Motley Fool·2024-08-19 00:00

This company is witnessing an acceleration in growth thanks to the growing demand for programmatic advertising.Shares of The Trade Desk (TTD 0.93%) shot up more than 12% in a single session after the company released its second-quarter 2024 results on Aug. 8. The big move wasn't surprising as the programmatic advertising provider delivered stronger-than-expected growth.The Trade Desk's latest pop means the stock is now up 36% so far this year. Moreover, it is trading at a steep valuation right now. Does thi ...