Jim Cramer Calls Trade Desk One of the “Worst Five Stocks in the S&P 500 This Year”

The Trade Desk, Inc. (NASDAQ:TTD) is one of the stocks Jim Cramer recently shed light on. Mentioning that they have a small position in the stock, a caller asked if they should add to it. In response, Cramer said:

“Oh my god, you know, this is a Jeff Green and you know, this is maybe one of the, the worst five stocks in the S&P 500 this year. But you know what? Amazon’s in there. I’m not going against Amazon. They’re like a, they’re like, they’re like flailing. I don’t want to go against them. I really think Jeff’s great, but… it’s just, you can’t go against the hyperscalers, particularly Amazon, which actually is the largest position we have in my Charitable Trust.”

Photo by jason briscoe on Unsplash

The Trade Desk, Inc. (NASDAQ:TTD) provides a cloud-based platform that helps advertisers plan, manage, and measure digital ad campaigns across different formats and devices. During the September 4 episode, a caller asked about the stock and Cramer responded:

“Look, it’s down 55%. I like Jeff, but they’ve got Amazon as a competitor. And you know, Amazon is one of my absolute favorite companies, and I don’t want to go against Amazon. Can you make some money? Yeah, but there are other ways to make money that are easier and better.”

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Disclosure: None. This article is originally published at Insider Monkey.