The Trade Desk Stock Has Soared in May. Can This Momentum Continue?

Shares have jumped after a big earnings beat, but the stock's lofty valuation poses risks. Shares of growth stock The Trade Desk (TTD 1.42%) have soared about 50% since May 1. Much of this incredible momentum has been driven by the company's impressive first-quarter results. The quarterly figures reassured investors after the company reported worse-than-expected results in the fourth quarter of 2024. For its first quarter, The Trade Desk smashed expectations, reporting revenue far in excess of its own guida ...