The Trade Desk Plunges 50%: Golden Opportunity, Or Warning?
When a proven, top-performing company sees its stock fall by a large amount, it could be an opportunity. After all, Warren Buffett once said, "The best thing that happens to us is when a great company gets into temporary trouble. [...] We want to buy them when they're on the operating table."In that light, The Trade Desk (NASDAQ: TTD) may offer such as opportunity today. The company missed expectations for the first time in its eight years as a public company on its Q4 2024 earnings report. Having grown accustomed to nothing but beats, Wall Street swiftly punished the stock, sending it down now 50% below the all-time highs set in December.But is the plunge a Buffett-like opportunity to buy a great stock on the cheap? Or is the decline a sign of further difficulties to come?Continue reading
When a proven, top-performing company sees its stock fall by a large amount, it could be an opportunity. After all, Warren Buffett once said, "The best thing that happens to us is when a great company gets into temporary trouble. [...] We want to buy them when they're on the operating table."
In that light, The Trade Desk (NASDAQ: TTD) may offer such as opportunity today. The company missed expectations for the first time in its eight years as a public company on its Q4 2024 earnings report. Having grown accustomed to nothing but beats, Wall Street swiftly punished the stock, sending it down now 50% below the all-time highs set in December.
But is the plunge a Buffett-like opportunity to buy a great stock on the cheap? Or is the decline a sign of further difficulties to come?
