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Digital Advertiser Trade Desk Stock Reaches 80-Plus Relative Strength Rating Benchmark

When building your watch list, look for stocks with an 80 or higher RS Rating. Trade Desk (TTD) just met that criteria with a new score of 82.

The former IBD 50 member has a advertising platform that business use to put their targeted ads all across the internet and on connected TVs.




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When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the best stocks tend to have an RS Rating of over 80 as they launch their biggest climbs.


Looking For The Best Stocks To Buy And Watch? Start Here


Is Trade Desk Stock A Buy?

Trade Desk stock reached a 52-week high of 972.80 back in December. Since then, the stock has been in a consolidation. The digital advertiser stock has climbed more than 5% past a 267.74 entry in a first-stage cup with handle, meaning it’s now out of a proper buy zone. Look for the stock to offer a new buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line. Read “Looking For The Next Big Stock Market Winners? Start With These 3 Steps” for more tips.

 

In terms of fundamental health, Trade Desk has posted rising EPS growth over the last two quarters. Sales growth has also risen over the same time frame. Trade Desk is expected to report its next quarterly numbers on or around May 7.

Trade Desk holds the No. 2 rank among its peers in the Commercial Services-Advertising industry group. Trade Desk (TTD) and Pubmatic (PUBM) are also among the group’s highest-rated stocks.

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