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Down More Than 40% This Year, Is The Trade Desk Stock a Buy?

Down More Than 40% This Year, Is The Trade Desk Stock a Buy?

It's been a tough year for the overall stock market, but an even tougher year for many growth stocks. Shares of The Trade Desk (NASDAQ: TTD), a provider of a data-driven digital-ad buying platform, are among the stocks that have taken severe beatings. Many growth stocks arguably deserved their beatings -- particularly those that aren't profitable yet.