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We recently published a list of What Sent These 10 Stocks Soaring Today? In this article, we are going to take a look at where Trade Desk, Inc. (NASDAQ:TTD) stands against other Friday’s best-performing stocks.
The stock market edged lower on the last day of the trading week as investors sold off positions to mitigate risks from the anticipated trade talks between the US and China this weekend.
The Dow Jones and the S&P 500 both fell by 0.29 percent and 0.07 percent, respectively. In contrast, the tech-heavy Nasdaq ended flat.
Beyond the major indices, 10 companies traded strongly, finishing with as much as double-digit gains, thanks to the continued positive earnings performance and optimistic outlooks.
In this article, we name Friday’s 10 best-performing stocks and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A large array of computer screens and tech equipment representing the technology company's self-service cloud-based platform.
The Trade Desk, Inc. (NASDAQ:TTD)
The Trade Desk Inc. grew its share prices by 18.6 percent on Friday to finish at $71.04 apiece following an impressive income performance during the first quarter of the year.
According to the company, its net income jumped by 59 percent to $51 million from $32 million in the same period last year, as revenues grew by 25 percent to $616 million from $491 million year-on-year.
Additionally, it achieved a strong customer retention of over 95 percent during the past quarter.
“As we build on this momentum, we’re optimistic about our ability to continue to outpace the market and deliver increasing value to marketers who prioritize objective, transparent, and data-driven media buying on the open internet,” said The Trade Desk, Inc. (NASDAQ:TTD) CEO Jeff Green.
For the second quarter of the year, The Trade Desk, Inc. (NASDAQ:TTD) targets to book at least $682 million in revenues and adjusted EBITDA of approximately $259 million.
Overall, TTD ranks 3rd on our list of Friday’s best-performing stocks. While we acknowledge the potential of TTD as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TTD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.