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Why The Trade Desk (TTD) Could Be a Potential Winner
September 08, 2017

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It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.

So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.

One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is The Trade Desk, Inc. (TTD - Free Report) . This Internet - Services stock has actually seen estimates rise over the past month for the current fiscal year by about 25.5%. But that is not yet reflected in its price, as the stock gained only 1.6% over the same time frame.

The Trade Desk Inc. Price and Consensus

 

The Trade Desk Inc. Price and Consensus | The Trade Desk Inc. Quote

You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 54.5%, which should ultimately translate into price appreciation.

And if this isn’t enough, TTD currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance). You can see the complete list of today’s Zacks #1 Rank stocks here.

So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider The Trade Desk. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for TTD and that now might be an interesting buying opportunity.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

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