This Unstoppable Stock Just Joined the S&P 500. It Soared 2,410% Since Its 2016 IPO, and It's a Buy Right Now, According to Wall Street.

The S&P 500 is well regarded as the best overall gauge of the U.S. stock market and includes the 500 leading publicly traded companies in the country. Given the breadth of businesses that make up the index, it is widely regarded as the most reliable benchmark of overall stock market performance. To be considered for entrance into the S&P 500, a company must meet the following criteria:The Trade Desk (NASDAQ: TTD) is the latest addition to the S&P 500, scheduled to join the benchmark on July 18. That makes it one of only six companies to make the cut thus far in 2025. Since its IPO in late 2016, The Trade Desk has easily outperformed the broader market, generating gains of 2,410% compared to just 190% for the S&P 500 (as of market close on Monday). The stock price gains have been driven higher by solid fundamentals, as its revenue has soared 1,930% and net income has jumped 567%.Despite the stock's impressive rise and the programmatic advertiser's strong track record of growth, many believe the best days are still ahead for The Trade Desk. Let's take a look at the opportunity ahead and why Wall Street believes the stock is still a buy, despite sporting something of a premium valuation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool