Investing in reliable growth stocks and holding them for the long term is the best strategy for wealth accumulation. Solid growth companies experience increased revenue, profits, and cash flows, leading to higher share prices. The Trade Desk is highlighted as a strong growth stock, showing impressive financial results and significant increases in revenue and income. The company benefits from growth drivers like connected TV and international expansion, along with enhanced service offerings such as OpenSincera and Deal Desk, which attract and retain customers.
The Trade Desk operates a cloud platform for brands and advertising agencies to manage and optimize their digital advertising campaigns. Demand for the company's services has risen steadily over the years, allowing it to post healthy increases in revenue, net income, and free cash flow.
In the first quarter of 2025, The Trade Desk's revenue jumped 25% year over year to $616 million while operating income soared 90% to $54.5 million.
Management has identified several growth drivers including connected TV, which reaches over 90 million households, and the need for improved service offerings post-acquisition.
The Trade Desk launched OpenSincera for better visibility into the digital advertising supply chain and Deal Desk to enhance advertiser engagements.
Collection
[
|
...
]