|Bid||3,379.25 x 1000|
|Ask||3,381.89 x 800|
|Day's range||3,341.05 - 3,388.95|
|52-week range||2,881.00 - 3,773.08|
|Beta (5Y monthly)||1.15|
|PE ratio (TTM)||64.31|
|Earnings date||27 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4,142.65|
The Trade Desk (NASDAQ: TTD) investors are understandably bullish about the company's future. In a digital advertising industry controlled by the walled gardens of Alphabet, Facebook, and fast-growing Amazon, The Trade Desk has carved out a space as an independent provider who is in favor of a transparent and open internet. In a recent blog post, The Trade Desk addressed the opportunity in retail digital media advertising.
To put it plainly, I like companies that produce strong cash flows. What's left over is free cash flow. Companies that generate prodigious amounts can reward shareholders with dividends and share buybacks.
Artificial intelligence has become an integral part of many technology applications and software, from what online ads shoppers see to how spam gets filtered out of our email inboxes. Investors who are looking for technology companies that are already succeeding in using AI to accelerate their businesses should consider buying CrowdStrike Holdings (NASDAQ: CRWD), Lemonade (NYSE: LMND), and Amazon (NASDAQ: AMZN). CrowdStrike is a fast-growing cloud-based cybersecurity company that has woven AI into its applications.