| The Setup TTD has been in a brutal six-month slump. Slowing ad-tech growth, macro uncertainty, competition from Google and Amazon, valuation worries - the usual suspects. We haven't reached blood-in-the-streets territory yet. But that rarely happens all at once these days. What we typically see is certain sectors getting slammed while the overall market holds up. We saw it recently in software after the SaaSapocalypse. When this happens, I start crunching numbers. I'll look at historical data like P/E ratios, fundamental metrics like cash and debt, you name it. But one of the best signs a stock chart is bottoming out? Insiders are putting their own money where their mouth is. Hype vs. Reality There are rumors OpenAI wants to use The Trade Desk's ad platform to sell ads inside ChatGPT. Maybe true, maybe not. Doesn't matter. The CEO just gave you his vote of confidence with his wallet. That's reality. Your Action Plan I currently have no position in TTD, but I'm watching how it trades this week. If you're looking for buy signs in tech, it's when insiders are buying stock in the open market with their own cash. That's exactly what we're seeing in TTD right now. Tracking insider moves like this is what we do in The War Room. If you want to see how we spot these opportunities before they move, click here. |
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