Avoid buying TTD; fundamental weakness from revenue misses and lack of catalysts makes it unattractive.
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Mentioning TTD. Uh this thing you this has been a vomit fest frankly. Uh pardon the term there but man oh man this thing had I remember I feel like I wasn't even that long ago stock was over $100.
Look how nasty this is. Terrible day yesterday. Another terrible day here today. Where's the bottom in TTD, folks? I don't know. I've been saying that for a while here. This thing looks like it's tried to bottom several times and really just hasn't.
We're on the verge of entering single digits with the trade desk.
if this thing IPOed or was brought to market in one form or another in 20 2018, it looks like we're headed down to those levels because that's not too far away from uh where the price is now.
What is the deal here with this company? Are they just not utilizing AI in the way that some other companies are? I don't know. This looks like uh looks like $10 is next.
Guggenheim went to neutral. This was on Friday, September 18th. Guggenheim maintained neutral but raised the price target to 13. That's a lot of confidence.
Yeah, this thing this thing looks stuck. I just I my big thing is I don't know what the catalyst is to and to buy that to buy any bounce there. They they just haven't shown that they can bounce yet.
but someone's want to ask for trade desk really quick this question's been asked a few times uh TTD yeah TTD I like trade desk it dipped it dipped down recently. Let me pull it up. It's dipping. Wow. Wait, a nice big dip.
I've never looked into this. Is Trade Desk like a a brokerage platform? No. No. It's a global advertising. No, it's an advertising agency.
Yeah. No, I look at it every single day. And uh it was getting really sick up there a couple days ago when it was at 1494. Glad I didn't jump in. I almost bought this thing and then it took that huge dip.
I mean, they must have had a bad earnings report. They gapped down and been weak since then.
August 6 on Trade Desk. Okay, they had earnings and 34 cent miss 750 in revenue. Big revenue misses 751 and revenue expectation. This is the real bad part. Q3 revenue Q3 revenue expected to be only at 650 plus versus 805 estimate.
That's why it went down, gapped down, continuing to be weak. I personally wouldn't touch that with a 10-ft pole unless you're close to the situation and you found some data, some evidence that that situation is fundamentally turning around. That's my take. I would never touch it.
What this channel has said about $TTD
Benzinga has only this one call on this stock.