In a welcome move, Trade Desk Cl A saw its Relative Strength Rating rise from 65 to 74 on Thursday.
Can You Really Time The Stock Market?
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves. See if Trade Desk Cl A can continue to show renewed price strength and clear that threshold.
Trade Desk Cl A is not currently showing a potential entry point. See if the stock goes on to build a base that could launch a new move.
While the company's bottom line growth fell last quarter from 44% to 27%, sales grew 25%, up from 22% in the prior report. Look for the next report on or around Aug. 7.
The company earns the No. 1 rank among its peers in the Commercial Services-Advertising industry group. Lamar Advertising Cl A and MNTN are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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