My Top Watchlist Pick for the 2024 Election
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And today’s first watchlist pick comes from our Head Trading Tactician, Bryan Bottarelli. Check it out below.
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Happy Trading.
– Ryan Fitzwater, Publisher
Election years always trigger explosive increases in ad spending.
And with November’s election day getting closer, it’s time to take a look at one of my top watchlist picks for 2024 – TradeDesk (TTD).
Here’s the rundown…
TradeDesk is the main player for placing ads on streaming services, which is one of the fastest growing sectors.
Since 2016, TTD’s revenue has gone up from $200 million to $2 billion. They’re also growing 20% per year on average and 2024 is already looking promising. Currently the Zacks Consensus Estimate projects TTD to rake in $2.42 billion in 2024, an 24% increase from last year.
Now – as we enter the height of the election season – I believe this could be a huge stretch for TradeDesk.
![](https://dkwegfj7whlol.cloudfront.net/copypasta/images/Tradedesk%20chart%2007.22.24%20watchlist.png)
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