Aries Wealth Management Invests in The Trade Desk, in First Quarter
June 24, 2023
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This interactive platform allows advertisers to target audiences in real-time, providing them with vital insights into their customer base and the success of their campaigns. Aries Wealth Management saw the potential in The Trade Desk ($NASDAQ:TTD)’s technology and invested in the company’s stock, as part of their long-term strategy to diversify their portfolio. This investment will give Aries Wealth Management access to up-to-date data that can be used to inform their decisions about where and how to invest funds.
Additionally, by investing in The Trade Desk, Aries Wealth Management will be able to capitalize on the growing demand for digital advertising services that are customized and tailored to customers’ individual needs. Furthermore, The Trade Desk’s technology allows marketers to track performance metrics on their campaigns in real-time, enabling them to make adjustments on the fly and maximize their return on investment. By investing in a dynamic and reliable company such as The Trade Desk, Aries Wealth Management has taken a step towards ensuring the long-term success of their portfolio.
Share Price
The stock opened at $76.0 and closed up 1.0% from the previous day’s closing price of $75.7, ending the day at $76.5. Investors have been bullish on The Trade Desk due to its strong performance and continued growth in the online advertising space. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Trade Desk. More…
| Total Revenues | Net Income | Net Margin |
| 1.65k | 77.31 | 4.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Trade Desk. More…
| Operations | Investing | Financing |
| 590.12 | -265.88 | -275.75 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Trade Desk. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4k | 2.06k | 3.98 |
Key Ratios Snapshot
Some of the financial key ratios for Trade Desk are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 32.9% | -2.9% | 6.5% |
| FCF Margin | ROE | ROA |
| 30.2% | 3.3% | 1.7% |
Analysis
GoodWhale conducted an analysis of TRADE DESK‘s wellbeing. According to our Star Chart, TRADE DESK is classified as a ‘gorilla’, meaning that it has achieved stable and high revenue or earning growth due to its strong competitive advantage. We believe that this type of stock would be attractive to many investors. TRADE DESK also has a high health score of 10/10 with regard to its cashflows and debt, demonstrating its capability to pay off debt and fund future operations. Furthermore, its strength in asset, growth, and profitability make it a well-rounded investment for many investors. The only area it appears to be weak in is its dividend withdrawals, which may be less appealing to income investors. More…
Peers
The Trade Desk Inc is a company that provides a platform for programmatic advertising. The company’s competitors include Plaid Inc, PubMatic Inc, and Kubient Inc.
– Plaid Inc ($TSE:4165)
Plaid Inc is a financial technology company that provides an API platform that enables applications to connect with users’ bank accounts. The company has a market cap of 25.8 billion as of 2022 and a return on equity of -10.39%. Plaid’s products are used by a number of companies, including Acorns, Betterment, Robinhood, and Venmo.
– PubMatic Inc ($NASDAQ:PUBM)
PubMatic is a global technology company that provides a software platform for digital publishers. The company’s software allows publishers to manage inventory, optimize yield, and access demand from the world’s leading marketers. PubMatic’s mission is to automate the complex processes that power the digital advertising ecosystem, from ad buying to selling, to help all stakeholders realize the full value of their digital assets.
PubMatic has a market cap of 928.74M as of 2022 and a Return on Equity of 17.37%. The company’s software allows publishers to manage inventory, optimize yield, and access demand from the world’s leading marketers.
– Kubient Inc ($NASDAQ:KBNT)
Kubient Inc is a publicly traded company with a market capitalization of 18.15 million as of 2022. The company has a negative return on equity of 52.06% due to its high debt levels. Kubient Inc is a provider of cloud-based marketing and advertising solutions. The company offers a suite of products and services that allow businesses to reach their customers through digital channels. Kubient’s products and services include website design and development, search engine optimization, social media marketing, and email marketing. The company has a strong focus on small and medium-sized businesses.
Summary
The Trade Desk, Inc. (TRADE) is a rapidly growing provider of technology-driven, data-enabled advertising solutions. Aries Wealth Management has recently taken a stake in the company, reinforcing the bullish outlook on its growth potential. Analysts believe that the company is well-positioned to capitalize on the growth of programmatic advertising, driven by increasing investments in digital media from companies of all sizes.
Additionally, TRADE’s DSP platform allows for increased customization and optimization of campaigns, providing an edge to advertisers over traditional media buying methods. With strong partnerships and a solid foothold in the industry, TRADE looks set to continue its impressive growth trajectory.
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