Accessibility Menu
 
Arrow-Thin-Down
S&P 500
7,022.95
+0.8%
+55.57
Arrow-Thin-Down
DJI
48,463.72
-0.1%
-72.27
Arrow-Thin-Down
NASDAQ
24,016.02
+1.6%
+376.93
Arrow-Thin-Down
Bitcoin
$74,670.00
+0.8%
+$626.07
Arrow-Thin-Down
AMZN
$248.50
-0.2%
-$0.52
Arrow-Thin-Down
GOOG
$334.59
+1.2%
+$4.01
Arrow-Thin-Down
META
$671.80
+1.4%
+$9.31
Arrow-Thin-Down
MSFT
$411.37
+4.6%
+$18.26
Arrow-Thin-Down
NVDA
$199.09
+1.3%
+$2.58
Arrow-Thin-Down
TSLA
$391.78
+7.6%
+$27.58
Most Active StocksDaily Stock GainersDaily Stock Losers

Down 51% in 2022, Is The Trade Desk Stock a Buy for 2023?

The advertising industry struggled amid macroeconomic headwinds in 2022.

By Parkev Tatevosian, CFA – Dec 30, 2022 at 8:00AM EST

The Trade Desk (TTD +6.45%) has done an excellent job capitalizing on the transition to digital advertising. This video will determine if The Trade Desk stock is a buy for 2023.

*Stock prices used were the afternoon prices of Dec. 27, 2022. The video was published on Dec. 29, 2022.

Read Next

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Trade Desk. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

The Trade Desk Stock Quote
The Trade Desk
NASDAQ: TTD
$22.38
(+6.45%)+$1.36

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services