Carillon Tower Advisers released their third-quarter 2025 investor letter, noting the continued equity market rally fueled by AI enthusiasm, limited inflationary effects from tariffs, and expected interest rate cuts. Mid-cap stocks saw positive gains, with the Russell Midcap Growth Index underperforming the Value Index. The letter detailed views on various sectors and top 5 holdings for 2025.

The Trade Desk, Inc. (NASDAQ:TTD) was highlighted in Carillon Eagle Mid Cap Growth Fund’s third-quarter 2025 investor letter. The technology company offers a self-service ad-buying platform and saw a one-month return of -24.40%. With a market capitalization of $19.098 billion, TTD stock closed at $39.06 per share on November 10, 2025.

Carillon Eagle Mid Cap Growth Fund expressed support for The Trade Desk, Inc. (NASDAQ:TTD) despite earnings below expectations due to internal issues and competition. The company remains a strong player in ad spending, with clear strategies to address concerns. Shareholders are cautious, but the stock’s strong position and attractive valuation are reasons for continued support.

The Trade Desk, Inc. (NASDAQ:TTD) was not among the 30 Most Popular Stocks Among Hedge Funds in 2024. However, in the third quarter of 2025, TTD reported revenue of $739 million, representing 18% year-over-year growth. While TTD shows potential, some AI stocks may offer greater upside with less downside risk. For an undervalued AI stock with significant potential, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Internal Issues and Competition Impacted Trade Desk’s (TTD) Performance in Q3