Is The Trade Desk (TTD) One of the Oversold Fundamentally Strong Stocks to Buy Right Now?

Core Viewpoint - The Trade Desk, Inc. (NASDAQ:TTD) is identified as an oversold fundamentally strong stock with a revised price target of $50 from Guggenheim, maintaining a "Buy" rating despite fierce competition in the digital advertising market [1][2]. Group 1: Price Target and Valuation - Guggenheim analyst Michael Morris reduced the price target on The Trade Desk's stock to $50 from $55 while keeping a "Buy" rating, indicating a favorable risk-reward profile based on current valuation [1]. - The company is trading at a discount to peers on both sales and operating income before depreciation and amortization (OIBDA) multiples, suggesting potential for healthy returns in 2026 if certain challenges are addressed [2]. Group 2: Growth Expectations and Challenges - Guggenheim expects The Trade Desk to outperform consensus revenue growth expectations of 16% in 2026, emphasizing the need for clearer investor messaging around metrics [3]. - The company must develop a scaled growth driver, such as international expansion or the OpenPath initiative, to enhance its market position [3].