Stifel Reaffirms The Trade Desk, Inc. (TTD) as Sector Favorite Amid Market Volatility

Group 1 - The Trade Desk, Inc. (NASDAQ:TTD) is recognized as a promising growth stock, with a 'Buy' rating reaffirmed by Stifel, marking it as a top pick in the Ad Tech sector despite a 50% decline in stock price over the last six months [1] - The company is overcoming rollout issues with its Kokai platform and is expected to perform well beyond the challenges posed by the U.S. presidential election cycle in 2025, with revenue growth aligning with 2024 levels when excluding political spending [2] - Stifel anticipates that The Trade Desk's revenue growth figures will improve significantly starting in the second quarter of 2024, supported by AI developments and a favorable macro environment [3] Group 2 - The Trade Desk, Inc. is a California-based technology company that provides a self-service, cloud-based ad-buying platform and other value-added services, aiming to enhance advertising relevance for consumers [4]