Cathie Wood's ARK Investment buys 181.3K shares of Crispr Therapeutics today
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This Famous Investor Just Bought The Trade Desk After the Stock Plunged. Should Investors Follow Suit?
Key Points The Trade Desk shares sank after the company issued conservative Q3 guidance. This led Cathie Wood to scoop up shares of the beaten-up stock. The stock's valuation has suddenly become a lot more attractive. 10 stocks we like better than The Trade Desk › Shares of The Trade Desk (NASDAQ: TTD) were absolutely obliterated after the adtech company reported its second-quarter earnings and announced the departure of its CFO. The stock fell nearly 40% the next trading session, although one famous investor used the pullback to buy shares. Cathie Wood of Ark Invest, which runs a number of exchange-traded funds (ETFs) focused on technology and innovation, was out scooping up shares. The Trade Desk is a smaller position in her flagship fund, but it is notable that she was out buying the dip. The question is whether investors should follow suit. Let's take a look at the company's recent earnings report to find out why. Solid quarter but cautious guidance The Trade Desk actually reported a solid quarter that topped analysts' estimates, but conservative guidance sent the stock spiraling lower. For the third quarter, the company forecast that revenue would come in above $717 million, representing 14% growth, while adjusted EBITDA would be approximately $277 million. Those numbers were below analyst expectations, and the revenue growth was a slowdown from what the company reported in Q2. The Trade Desk highlighted the potential negative impact of tariffs and an uncertain macroeconomic environment in the second half, while also noting that there would be less political advertising this year. Excluding the impact of political advertising, revenue growth for Q3 would be around 18%, pretty similar to the 19% revenue growth the company saw in Q2. The Trade Desk noted there was uncertainty among advertisers in some verticals, such as autos and consumer packaged goods, due to tariffs. 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That was ahead of the $685 million in revenue and $0.40 in adjusted EPS expected by analysts, as compiled by LSEG. The Trade Desk is seeing strong adoption of its new Kokai platform, with about 75% of client ad spending now going through Kokai. The artificial intelligence powered platform can process a massive amount of data and give advertisers real-time recommendations for things like budget allocation, targeting, and bidding strategies. It says the customers using Kokai are seeing strong performance improvements in areas such as audience reach and cost per acquisition. Should investors follow Cathie Wood and buy the dip? When a bearish narrative surrounds a stock and a company issues cautious guidance, it often adds weight to that bearish sentiment, whether or not that is the actual reason for the conservative forecast to begin with. 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Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and The Trade Desk. The Motley Fool has a disclosure policy. This Famous Investor Just Bought The Trade Desk After the Stock Plunged. Should Investors Follow Suit? was originally published by The Motley Fool
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