Jim Cramer Recently Commented On These 12 Stocks

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

Number of Hedge Fund Holders: 63

Noting big companies’ bullishness toward advertising and the company’s revenue growth, a caller asked what Cramer thinks of The Trade Desk, Inc. (NASDAQ:TTD). In response, he said:

“You made the right move. Now let me tell you something. They had a self-inflicted issue. In other words, they had a problem, they made a mistake… It was like they were doing a new software that didn’t work initially, and the stock just got crushed. It went all the way down from like $120, down to $60. But I will tell you, it actually went down to $42 at one point in April, that I think all the problems are fixed, and all the things you said that are good, they’re happening. I like your call, I think you’re right. I would actually buy more.”

The Trade Desk (NASDAQ:TTD) provides a cloud-based platform that lets users manage digital advertising campaigns. The company supports different formats and channels and includes data tools and services to improve ad results.

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