Billionaires Buy 1 Brilliant Stock That Competes With Amazon and Google -- It Could Soar 150%, According to a Wall Street Analyst

The Trade Desk (NASDAQ: TTD) stock has declined 55% this year due to growing concerns about competitive pressure, particularly with respect to Amazon, though Alphabet's Google and Meta Platforms are also formidable rivals.Most Wall Street analysts see the drawdown as a buying opportunity. The average target price of $70 per share implies 32% upside from its current share price of $53. And the highest target price of $135 per share (set by Shyam Patil at Susquehanna) implies 155% upside.A few successful hedge fund managers opened positions in The Trade Desk during the second quarter, as detailed below:Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool