Core Viewpoint - The Trade Desk is currently undervalued despite its strong long-term growth prospects, making it a top investment opportunity in the market [1]. Company Performance - The Trade Desk experienced a disappointing Q4, missing its revenue guidance for the first time in its history due to a transition to a new platform [6]. - The stock price fell over 30% following the earnings report, compounded by a broader market sell-off, resulting in a 65% decline from its all-time high [7]. Market Position - The Trade Desk operates solely as an ad buyer, differentiating itself from competitors like Alphabet and Meta, which handle both ad buying and selling [2][3]. - The company focuses on growing areas such as connected TV and podcasts, which have seen significant increases in advertising dollars [4]. Future Growth Prospects - Despite weak guidance for Q1, Wall Street anticipates 18% growth for 2025 and 20% growth for 2026, driven by the shift from linear TV to connected TV [9]. - The transition to connected TV is expected to enhance revenue for The Trade Desk over the coming years [10]. Profitability and Valuation - The Trade Desk reported a 25% profit margin in Q4, indicating it is a profitable company, not solely reliant on growth [10][12]. - The stock is currently valued at 28 times forward earnings, which is reasonable given the expected growth [14].