This Growth Stock Has Been Absolutely Crushed. But Is It Finally Time to Buy?

Group 1 - The Trade Desk is expected to report its fourth-quarter results soon, with shareholders hoping for a turnaround after a significant decline in stock value, which is down about 74% from its all-time high of over $139 and approximately 55% over the last five years [1][2] - Despite the stock's poor performance, The Trade Desk's revenue and earnings have shown resilience, with third-quarter revenue reaching $739 million, reflecting an 18% year-over-year growth, although this is a deceleration from previous quarters [3][4] - Customer retention remains strong at over 95%, marking an 11-year streak, indicating that the underlying business is performing well despite stock market challenges [4] Group 2 - The Trade Desk's revenue growth has slowed, with management guiding for even slower growth in Q4 due to tough comparisons from political ad spending in 2024 [7] - When excluding political spending, the company's third-quarter revenue growth was actually 22% year-over-year, driven by increased ad spending on its AI-powered programmatic ad-buying platform, Kokai [5][6] - The company has been actively repurchasing shares, announcing an additional $500 million share repurchase authorization after spending $310 million on buybacks during Q3 [8]