2 Super Growth Stocks Down 34% and 61% to Buy on the Dip
From Nasdaq: 2025-05-02 04:45:00
Following a recent market sell-off, favorite stocks have dropped significantly without indicating any fundamental issues with the businesses. Many of these stocks were previously overpriced and failed to meet high market expectations. Now could be a good time to consider buying into these promising businesses at a lower price point.
The Trade Desk (NASDAQ: TTD) is a data-driven digital advertising platform that operates independently from major competitors like Alphabet and Amazon. Despite a 61% pullback in the past year, the company has seen an impressive 18-fold increase in value since going public. With continued growth and market share expansion, The Trade Desk remains a strong buy-the-dip candidate.
SPS Commerce (NASDAQ: SPSC) offers cloud-based solutions for retail supply chain operations, connecting retailers, suppliers, and logistics providers. Despite a recent drop in stock price due to slightly lower guidance for 2025, the company has a proven track record of revenue growth and successful acquisitions. Now trading at a more affordable valuation, SPS Commerce presents a compelling buying opportunity for investors.
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