Did Jim Cramer Get These 23 Stocks Right?

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

Number of Hedge Fund Holders: 63

Jim Cramer talked about how The Trade Desk, Inc. (NASDAQ:TTD) was competing with Google in the advertising space. Here’s what he said back then:

“[talking about the antitrust lawsuit against Google] Besides, if you want to place an ad online, you don’t have to use Google, you can use Trade Desk. They do an amazing job. If you take one look at Trade Desk’s incredible earnings growth and revenue; well, more and more people are just doing just that!”

Cramer’s optimism wasn’t enough, as The Trade Desk, Inc. (NASDAQ:TTD) has fallen by 37.97% since that comment.

On February 21st, Cramer highlighted The Trade Desk, Inc.’s (NASDAQ:TTD) lack of performance over the past few months but mentioned that he still liked the company.

“Okay, yeah… I didn’t like the quarter. Why didn’t I like the quarter? Because Jeff told me that he was, that’s, I’m sorry, Jeff Green, the CEO, in the conference call, he said, look, he’s disappointed in himself and it wasn’t clear how much things have really changed, and whether things are going to get better after one quarter. I think we now have to wait another quarter… I want to see the next quarter. I don’t like to buy after the first big quarter. Maybe there’s a second because it sure didn’t seem like the quarter went out very well and you know, I like the company.”

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