1 Growth Stock Down 50% to Buy Right Now
Why is this stock’s price drop not as bad as it seems? Check out the hidden opportunity behind this innovator’s mildly disappointing numbers.
Some investors took one look at The Trade Desk‘s (TTD -1.64%) fourth-quarter results and slammed the sell button. The digital advertising expert missed Wall Street’s consensus revenue target for the first time since the company went public in 2016. The stock closed 33% lower the next day, erasing a year’s worth of market-beating gains. Right now, The Trade Desk’s stock is down 50% from its annual peak.
Bargain alert: The Trade Desk is on sale!
In my eyes, that’s a wide-open invitation to buy this top-quality growth stock. It’s still not a cheap stock, trading at 90…