Reported 1 day ago
The Nasdaq Composite, which has historically grown at 11% annually over the past four decades, is expected to rebound significantly, making The Trade Desk, a leading adtech firm focused on AI, an attractive investment. With strong quarterly growth and increasing adtech spending projected at 14% annually through 2030, The Trade Desk's independence from major media ownership positions it for future success despite recent competition concerns. Analysts have set a target price of $84 per share, indicating a potential 23% upside from its current valuation.
Source: YAHOO