Moderating inflation and optimism for a "soft landing" helped The Trade Desk recover some of its 2022 decline.
The advertising industry is undergoing a significant shift whereby more spending is moving to digital channels. That's a tailwind for Alphabet (NASDAQ: GOOG) and The Trade Desk (NASDAQ: TTD). This video will reveal which of these growth stocks is the better buy.
For instance, shares of Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are currently down 30% and 50%, respectively, from all-time highs. An exception to this weak growth trend is The Trade Desk (NASDAQ: TTD), which has continued to post impressive financial results. The Trade Desk operates a demand-side platform (DSP).