13 Best Cloud Computing Stocks to Invest in Now

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9. The Trade Desk, Inc. (NASDAQ:TTD)

Number of Hedge Fund Holders: 61

The Trade Desk, Inc. (NASDAQ:TTD) is one of the Best Cloud Computing Stocks to Invest in Now. The company announced financial results for Q2 2025, with revenue increasing to $694 million, up by 19% YoY, as the company continues to outpace the broader digital advertising market. The Trade Desk, Inc. (NASDAQ:TTD) highlighted that CTV remains its fastest-growing channel and there are no signs of slowing down. Notably, with its leadership in CTV and other areas like retail media, digital audio, identity, measurement, and data, the company has been winning more business with new and existing customers.

The overall growth in the cloud computing industry is expected to fuel growth for The Trade Desk, Inc. (NASDAQ:TTD) by enabling rapid data processing, advanced AI capabilities, and scalable infrastructure. Notably, these are important for delivering real-time, data-driven advertising. With companies shifting their marketing and ad operations to the cloud, The Trade Desk, Inc. (NASDAQ:TTD) can enhance its platform’s reach. Kokai continues to support advertisers in driving better results through integrating more data, utilising AI as a co-pilot, as well as unlocking the full potential of the first-party data.

Parnassus Investments, an investment management company, released its Q1 2025 investor letter. Here is what the fund said:

“The Trade Desk, Inc. (NASDAQ:TTD), a digital advertising technology platform, detracted after missing guidance for the first time since going public. While the company faces concerns over rising competition from Amazon, we maintain our conviction in the company’s leading technology and its independent platform.”

The Trade Desk, Inc. (NASDAQ:TTD) provides self-service cloud-based ad-buying platform.

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