The Trade Desk: The Market Got It All Wrong With Q4 Earnings To Confirm It

Akim Guerreiro799 FollowersFollow5ShareSavePlay(8min)Comments(4)SummaryThe Trade Desk has seen its stock collapse from $139 to $25, creating a deep value opportunity.Despite decelerating to 18% annual growth, TTD outpaces the US digital ad sector and improves margins via its AI platform Kokai.TTD trades at a forward PEG of 0.48x, with a pristine balance sheet and 16.8% ROE, signaling strong undervaluation and business efficiency.I rate TTD a Strong Buy at $25, targeting $50 within 12 months, contingent on a pivotal Q4 earnings report. sankai/E+ via Getty Images Investment Thesis The stock price collapse of The Trade Desk, Inc. (TTD) in the last 12 months, with two-thirds of its market cap having now disappeared, is one of the most contrarian bets of the moment. MomentumThis article was written byAkim Guerreiro799 FollowersFollowI am always on the lookout for GARP (Growth At a Reasonable Price) and turnaround stocks, in the dirt and under the rocks. Valuation matters and is the foundation of my stock picking strategy. Following me will allow you to read about stocks with limited downside and unlimited upside.My name is Akim and I am a professional portfolio manager for investment funds.I live in beautiful Luxembourg and graduated from a business major, having studied in France, in the U.S. and in Russia.My articles are completely independent. I am since early 2022 a Popular Investor on the brokerage platform eToro under the username @Etcaetera where my publicly available portfolio is displayed, showcasing my investment opinions and decisions. I like to cover stocks that I hold, plan to hold or that are in my watchlist.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.