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Slowing growth rates have the market in a selling mood.
After strong results from Meta Platforms (META 1.05%) and Alphabet (GOOG 0.82%) (GOOGL 0.75%), investors were expecting something better from The Trade Desk (TTD 2.21%). In this video, Motley Fool contributors Jason Hall and Jeff Santoro take a look at what the company reported that led to the sell-off and offer their thoughts on whether shares are a buy right now.
*Stock prices used were from the afternoon of Nov. 10, 2023. The video was published on Nov 15, 2023.
Jason Hall is a contributing Stock Market Analyst at The Motley Fool and has been with the company since 2012. Prior to that, Jason spent more than a decade in a technical sales role in the printing and information services industry. He also founded and operated a small food manufacturing business for many years. Fun fact: Jason has backpacked on three continents and scuba dived in over 100 locations around the world, but his favorite place to be found is on a baseball or soccer field, coaching or cheering on his son.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jason Hall has positions in The Trade Desk. Jeff Santoro has positions in The Trade Desk. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, and The Trade Desk. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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