Supercharged Growth Stock : A lot of investors are excited to see 2022 in their rearview mirror. Every one of the major indexes of stock markets have entered bear market territory. And at the time of writing just that index Dow Jones Industrial Average has been able to escape the bear. The most significant loser over an extended distance, however is still The Nasdaq Composite, which is still down over 35% from its peak.
Investors should be aware that bear market seven as hard as they can bearen’t just natural elements of the cycle of economic growth, however, they have traditionally provided investors with the chance to purchase top-quality businesses at a discount. In addition, every previous bear market eventually surrendered the ground for a market that is bullish which typically has a higher rate of return upfront while boosting investors who stuck to in the same direction.
One stock that is especially appealing for purchase is the adtech giant The Trade Desk (TTD 2.96 percent). The company’s stock is down around 61% since last year’s highest, however a glance beneath the hood reveals that investors should buy this stock like it’s tomorrow.
Adtech is taking the world to the top of the list
The advertising industry is going through an evolution and digital advertising is expected to be over $0.60 of each marketing dollar by 2022. Automating digital advertising buying in real-time has transformed the market as well as being at the core of all The Trade Desk does. The CEO Jeff Green pioneered the world’s first online advertising marketplace and continues to shake up the uninformed market.
The Trade Desk’s transparency in pricing has enticed customers of the most ad agencies the world’s biggest however its revolutionary technology has kept them returning for more. Its platform has cutting-edge technology that can analyze over 9 million advertising impressions and quadrillions of possible permutations every second.
As rivals complain about the demise of cookies, and the pitfalls of privacy protections for consumers Trade Desk has Trade Desk developed Unified ID 2.0 which provides marketers with the information they require, without the requirement for personal identifiable data.
In addition, the most current version of its platform allows marketers to effortlessly integrate information from first-party sources to further enhance the already impressive data-driven outcomes. This cutting-edge technology delivers world-class results.
The results speak for themselves.
If you examine the performance of The Trade Desk with the performance of its two biggest competitors the results are clear. The third quarter was the best for the company. Alphabet‘s revenue increased only 6 percent over the course of the year and the sales of Meta Platformsactually fell by 4%. In the same period The Trade Desk’s earnings increased by 31%, proving that the company has been stealing market share from other companies in the field.
To drive this growth, there are the many happy customers and industry recognitions. Trade Desk was recognized as a leader in the industry. Trade Desk was recognized as the 2022 customer’s choice for Ad Tech as per Gartner‘s Peer Insights rankings. Additionally, The Trade Desk was named a Leader in the Quadrant’s 2022 SPARK Matrix for Ad Tech Platforms, ranking top among the customer experience and technological excellence. The Trade Desk was also recognized as a top performer in Forrester Research‘s Wave of business-to-business (B2B) solution for advertising, achieving the highest score for cross-channel capabilities and one of the highest scores on the innovation roadmap Criteria.