The Trade Desk Stock Sale
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sales growthThe Motley Fool
•Business
Business & Economics
1 Growth Stock Down 50% to Buy Right Now
71% Informative
Digital advertising expert missed Wall Street's consensus revenue target for the first time since the company went public in 2016 .
The Trade Desk's stock closed 33% lower the next day , erasing a year 's worth of market-beating gains.
It's still not a cheap stock, trading at 90 times trailing earnings and 14 times sales.
But that's way down from recent peaks, with price-to-earnings ratios often soaring above 200 .
The Motley Fool has positions in and recommends Alphabet and The Trade Desk . The Motley Fool has a disclosure policy. 1 Growth Stock Down 50% to Buy Right Now was originally published by The Motley Fool .
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