$TTD

The Trade Desk has fallen ~80% from $139 to $25, now trading at 12.4x forward P/E and 14x P/FCF while maintaining 31% 5-year revenue CAGR and expanding operating margins to 18.9%. With $1.4B cash enabling 10% share buyback, risk/reward is attractive if it sustains 20%+ growth despite competition from Amazon, Google, Meta walled gardens.