From Yahoo Finance: 2025-04-29 08:53:00

Ithaka Group released its first-quarter 2025 investor letter, reporting underperformance with a portfolio decline of -10.3% to -10.0% compared to R1000G. The Trade Desk, Inc. (NASDAQ:TTD) was highlighted as a stock pick, with a one-month return of -0.58% and shares closing at $54.40 on April 28, 2025.

In its investor letter, Ithaka Group discussed The Trade Desk, Inc. (NASDAQ:TTD) as a technology company offering a cloud-based ad-buying platform. The stock’s underperformance in Q1 2025 was attributed to a mid-February earnings miss due to operational missteps and internal focus on scalability and effectiveness.

The Trade Desk, Inc. (NASDAQ:TTD) is not among the 30 Most Popular Stocks Among Hedge Funds, but 63 hedge fund portfolios held it at the end of Q4 2024. Despite potential, Ithaka Group believes AI stocks offer greater promise for higher returns in a shorter timeframe. Check out their report for the cheapest AI stock with NVIDIA-like potential.



Read more at Yahoo Finance: The Trade Desk (TTD) Traded Down Due to Earnings Miss