Trade Desk saw an improvement in its IBD SmartSelect Composite Rating Wednesday, from 94 to 96.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher grade in the early stages of a new price run, so that's a good starting point when looking for the best stocks to buy and watch.
Trade Desk is currently forming a cup with handle, with a 66.45 buy point. See if the stock can break out in volume at least 40% higher than normal.
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The stock earns a 93 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 93% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
The company reported a -10% earnings gain for Q4. Top line growth came in at 24%, down from 31% in the prior quarter.
Trade Desk holds the No. 2 rank among its peers in the Commercial Services-Advertising industry group. Perion Network is the No. 1-ranked stock within the group.
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