<p>数字广告领导者，Trade Desk（纳斯达克代码：TTD）最近股价和交易活动激增。这一市场热潮的背后是一个重要的公司里程碑：该公司将于 2025 年 7 月 18 日市场开盘前正式加入享有盛誉的标准普尔 500 指数。</p>
<p>这一晋升显然标志着公司的规模和重要性。对于投资者而言，这引发了一个关键问题：这次近期的反弹只是基于新闻的暂时波动，还是标志着一个新的、可持续的增长阶段？</p>
<h2>为什么数十亿美元现在指向 TTD 股票</h2>
<p>加入标准普尔 500 指数为股票提供了强大而直接的助力。原因简单且机械：数万亿美元被投资于被动指数基金和旨在紧密跟踪标准普尔 500 指数公司表现的 ETF。</p>
<p>当 Trade Desk 正式被纳入时，这些巨型基金的管理者必须购买其股票以保持基金的平衡。</p>
<p>这创造了一波 <strong>自动买入</strong>，并不基于个人观点或市场情绪。影响显而易见，股票的日交易量从平均约 660 万股跃升至超过 4300 万股。</p>
<p>与此同时，<strong>空头头寸已经崩溃</strong>，因为看跌交易者关闭了他们的头寸。这一事件为股票提供了强有力的支撑基础，确保了新的广泛机构投资者基础。</p>
<h2>为什么 Trade Desk 赢得了这个位置</h2>
<p>标准普尔 500 指数的纳入直接源于 Trade Desk 的成功。公司的基础业务强劲，建立在几个关键优势之上，支持长期看涨的前景。</p>
<ul>
<li><strong>引领连接电视（CTV）热潮：</strong> 媒体和娱乐行业最重要的长期趋势是广告预算从传统有线电视向流媒体服务的大规模转移。Trade Desk 是主要受益者。其平台为广告主提供了一种强大且独立的方式，在 Disney+、Peacock 及其他数千个服务上投放有针对性且可衡量的广告。这将是，并且已经是，公司未来多年的主要增长引擎。</li>
<li><strong>Kokai AI 优势：</strong> 技术是 Trade Desk 价值的核心。其下一代 Kokai 平台利用人工智能（AI）帮助广告主更有效地运行他们的广告活动。该平台已被证明能将广告活动的成本效率提高超过 10%，提供明确的投资回报，保持客户的忠诚度。</li>
<li><strong>开放互联网的可信合作伙伴：</strong> 数字广告市场包括巨大的 “围墙花园”，在这些地方，单一公司控制着广告平台和媒体。这可能会造成利益冲突。Trade Desk 的平台在开放互联网中运作，仅为广告主服务。这种透明、公正的模式使其成为主要品牌的可信合作伙伴。</li>
</ul>
<h2>业绩与价格：合理化溢价</h2>
<p>投资者常常将 Trade Desk 的高估值视为警示故事。尽管该股票的市盈率（P/E）较高，反映出市场的高期望，但 Trade Desk 的财务业绩为这一溢价提供了强有力的支持。</p>
<p>在 2025 年第一季度，它报告的收入为 6.16 亿美元，比去年增长 25%，调整后的 EBITDA 利润率达到 34%。其业务也极具耐久性，客户保留率超过 95%，持续超过十年。</p>
<p>该公司对第二季度的预测预计收入至少为 6.82 亿美元，显示出对这一势头将持续的信心。</p>
<p>同时，考虑到最近的内部人士出售也需要放在适当的背景下。高管最近的股票出售主要是在预先安排的 10b5-1 交易计划下进行的。</p>
<p>这是一种标准且常规的方法，供内部人士管理个人财务和税务义务，并不一定是对公司未来信心的信号。</p>
<h2>不仅仅是一个时刻；这是一个运动</h2>
<p>Trade Desk 提供了独特的投资机会。近期技术事件与强劲的长期增长的强大结合，持续推动着股票上涨。</p>
<p>来自指数基金的必要买入为股票提供了新的、坚实的机构支持基础。同时，公司在不可阻挡的数字和连接电视广告转型中的领导地位为持续增长提供了动力。</p>
<p>虽然投资者应始终考虑股票的估值，但 Trade Desk 的证明业绩和战略地位强有力地支持其作为核心技术持有的地位。</p>
<h2>你现在应该投资 1000 美元在 Trade Desk 吗？</h2>
<p>在考虑 Trade Desk 之前，你需要听听这个。</p>
<p>MarketBeat 跟踪华尔街顶级评级和表现最佳的研究分析师及其每日推荐的股票。MarketBeat 已识别出五只股票，顶级分析师正在悄悄地向客户推荐购买，以便在更广泛的市场注意到之前...而 Trade Desk 并不在名单上。</p>
<p>虽然 Trade Desk 目前在分析师中获得了中等买入评级，但顶级分析师认为这五只股票更值得购买。</p>
<p>在这里查看这五只股票</p>

<p>Trade Desk 将于 2025 年 7 月 18 日加入标准普尔 500 指数，这将因被动基金的需求而产生显著的买入压力。这一里程碑反映了公司在数字广告领域，特别是在连接电视方面的强大地位，以及其创新的 Kokai AI 平台。尽管估值较高，Trade Desk 在 2025 年第一季度报告了 25% 的收入增长，并预计将继续增长。该股票最近的上涨得到了机构买入的支持，使其成为投资者潜在的核心持股</p>

<p>Digital advertising leader, The Trade Desk NASDAQ: TTD, recently saw its stock price and trading activity surge. The driver behind this market excitement is a major corporate milestone: The company is set to join the prestigious S&amp;P 500 index, effective before the market opens on July 18, 2025.</p>
<div class="lb-trans"><p>数字广告领导者，Trade Desk（纳斯达克代码：TTD）最近股价和交易活动激增。这一市场热潮的背后是一个重要的公司里程碑：该公司将于 2025 年 7 月 18 日市场开盘前正式加入享有盛誉的标准普尔 500 指数。</p>
</div><p>This promotion to the big leagues clearly signals the company's scale and importance. For investors, it raises a key question: Is this recent rally just a temporary spike on news, or does it signal a new, sustainable phase of growth?</p>
<div class="lb-trans"><p>这一晋升显然标志着公司的规模和重要性。对于投资者而言，这引发了一个关键问题：这次近期的反弹只是基于新闻的暂时波动，还是标志着一个新的、可持续的增长阶段？</p>
</div><h2>Why Billions of Dollars Are Now Pointed at TTD Stock</h2>
<div class="lb-trans"><h2>为什么数十亿美元现在指向 TTD 股票</h2>
</div><p>Joining the S&amp;P 500 provides a powerful and immediate tailwind for a stock. The reason is simple and mechanical. Trillions of dollars are invested in passive index funds and ETFs designed to track the companies in the S&amp;P 500 closely.</p>
<div class="lb-trans"><p>加入标准普尔 500 指数为股票提供了强大而直接的助力。原因简单且机械：数万亿美元被投资于被动指数基金和旨在紧密跟踪标准普尔 500 指数公司表现的 ETF。</p>
</div><p>When The Trade Desk is officially added, the managers of these massive funds are required to buy its shares to keep their funds in balance.</p>
<div class="lb-trans"><p>当 Trade Desk 正式被纳入时，这些巨型基金的管理者必须购买其股票以保持基金的平衡。</p>
</div><p>This creates a <strong>wave of automatic buying</strong> that is not based on opinion or market sentiment. The impact has been clear. The stock's daily trading volume has jumped from an average of about 6.6 million shares to over 43 million.</p>
<div class="lb-trans"><p>这创造了一波 <strong>自动买入</strong>，并不基于个人观点或市场情绪。影响显而易见，股票的日交易量从平均约 660 万股跃升至超过 4300 万股。</p>
</div><p>At the same time, <strong>short interest has collapsed</strong> as bearish traders close their positions. This event provides a strong foundation of support for the stock by securing a new, broad base of institutional investors.</p>
<div class="lb-trans"><p>与此同时，<strong>空头头寸已经崩溃</strong>，因为看跌交易者关闭了他们的头寸。这一事件为股票提供了强有力的支撑基础，确保了新的广泛机构投资者基础。</p>
</div><h2>Why The Trade Desk Earned Its Spot</h2>
<div class="lb-trans"><h2>为什么 Trade Desk 赢得了这个位置</h2>
</div><p>The S&amp;P 500 inclusion directly results from The Trade Desk's success. The company's underlying business is strong, built on several key advantages that support a long-term bullish outlook.</p>
<div class="lb-trans"><p>标准普尔 500 指数的纳入直接源于 Trade Desk 的成功。公司的基础业务强劲，建立在几个关键优势之上，支持长期看涨的前景。</p>
</div><ul>
<li><strong>Leading the Connected TV (CTV) Boom:</strong> The most important long-term trend in the media and entertainment sector is the massive shift of advertising budgets from traditional cable TV to streaming services. The Trade Desk is a primary beneficiary. Its platform gives advertisers a powerful, independent way to place targeted and measurable ads on services like Disney+, Peacock, and thousands of others. This will be, and has been, the company's main growth engine for years to come.</li>
<li><strong>The Kokai AI Advantage:</strong> Technology is at the core of The Trade Desk's value. Its next-generation Kokai platform uses artificial intelligence (AI) to help advertisers run their campaigns more effectively. The platform has been proven to improve campaign cost efficiency by over 10%, delivering a clear return on investment that keeps clients loyal.</li>
<li><strong>A Trusted Partner on the Open Internet:</strong> The digital ad market includes giant &#34;walled gardens,&#34; where a single company controls both the ad platform and the media. This can create a conflict of interest. The Trade Desk’s platform operates on the open internet, working only for the advertiser. This transparent, unbiased model has made it a trusted partner for major brands.</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>引领连接电视（CTV）热潮：</strong> 媒体和娱乐行业最重要的长期趋势是广告预算从传统有线电视向流媒体服务的大规模转移。Trade Desk 是主要受益者。其平台为广告主提供了一种强大且独立的方式，在 Disney+、Peacock 及其他数千个服务上投放有针对性且可衡量的广告。这将是，并且已经是，公司未来多年的主要增长引擎。</li>
<li><strong>Kokai AI 优势：</strong> 技术是 Trade Desk 价值的核心。其下一代 Kokai 平台利用人工智能（AI）帮助广告主更有效地运行他们的广告活动。该平台已被证明能将广告活动的成本效率提高超过 10%，提供明确的投资回报，保持客户的忠诚度。</li>
<li><strong>开放互联网的可信合作伙伴：</strong> 数字广告市场包括巨大的 “围墙花园”，在这些地方，单一公司控制着广告平台和媒体。这可能会造成利益冲突。Trade Desk 的平台在开放互联网中运作，仅为广告主服务。这种透明、公正的模式使其成为主要品牌的可信合作伙伴。</li>
</ul>
</div><h2>Performance and Price: Justifying the Premium</h2>
<div class="lb-trans"><h2>业绩与价格：合理化溢价</h2>
</div><p>Investors often point to The Trade Desk's high valuation as a cautionary tale. While the stock's price-to-earnings ratio (P/E) is high, reflecting lofty market expectations, Trade Desk’s financial results provide strong support for this premium.</p>
<div class="lb-trans"><p>投资者常常将 Trade Desk 的高估值视为警示故事。尽管该股票的市盈率（P/E）较高，反映出市场的高期望，但 Trade Desk 的财务业绩为这一溢价提供了强有力的支持。</p>
</div><p>In the first quarter of 2025, it reported revenue of $616 million, a 25% increase from the prior year, with a substantial adjusted EBITDA margin of 34%. Its business is also incredibly durable, boasting a customer retention rate of over 95% for more than a decade.</p>
<div class="lb-trans"><p>在 2025 年第一季度，它报告的收入为 6.16 亿美元，比去年增长 25%，调整后的 EBITDA 利润率达到 34%。其业务也极具耐久性，客户保留率超过 95%，持续超过十年。</p>
</div><p>The company's forecast for the second quarter anticipates revenue of at least $682 million, demonstrating confidence that this momentum will continue.</p>
<div class="lb-trans"><p>该公司对第二季度的预测预计收入至少为 6.82 亿美元，显示出对这一势头将持续的信心。</p>
</div><p>It is also essential to consider recent insider selling in the proper context. Recent stock sales by executives have been made primarily under pre-arranged Rule 10b5-1 trading plans.</p>
<div class="lb-trans"><p>同时，考虑到最近的内部人士出售也需要放在适当的背景下。高管最近的股票出售主要是在预先安排的 10b5-1 交易计划下进行的。</p>
</div><p>This is a standard and routine method for insiders to manage their personal finances and tax obligations, not necessarily a signal about their confidence in the company's future.</p>
<div class="lb-trans"><p>这是一种标准且常规的方法，供内部人士管理个人财务和税务义务，并不一定是对公司未来信心的信号。</p>
</div><h2>More Than a Moment; It's a Movement</h2>
<div class="lb-trans"><h2>不仅仅是一个时刻；这是一个运动</h2>
</div><p>The Trade Desk presents a unique investment opportunity. The powerful combination of a near-term technical event and robust long-term growth continues to drive the stock upward.</p>
<div class="lb-trans"><p>Trade Desk 提供了独特的投资机会。近期技术事件与强劲的长期增长的强大结合，持续推动着股票上涨。</p>
</div><p>The required buying from index funds provides a new, solid floor of institutional support for the stock. Meanwhile, the company's leadership in the unstoppable shift to digital and Connected TV advertising provides the engine for continued growth.</p>
<div class="lb-trans"><p>来自指数基金的必要买入为股票提供了新的、坚实的机构支持基础。同时，公司在不可阻挡的数字和连接电视广告转型中的领导地位为持续增长提供了动力。</p>
</div><p>While investors should always consider a stock's valuation, The Trade Desk’s proven performance and strategic position strongly support its place as a core technology holding.</p>
<div class="lb-trans"><p>虽然投资者应始终考虑股票的估值，但 Trade Desk 的证明业绩和战略地位强有力地支持其作为核心技术持有的地位。</p>
</div><h2>Should You Invest $1,000 in Trade Desk Right Now?</h2>
<div class="lb-trans"><h2>你现在应该投资 1000 美元在 Trade Desk 吗？</h2>
</div><p>Before you consider Trade Desk, you'll want to hear this.</p>
<div class="lb-trans"><p>在考虑 Trade Desk 之前，你需要听听这个。</p>
</div><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trade Desk wasn't on the list.</p>
<div class="lb-trans"><p>MarketBeat 跟踪华尔街顶级评级和表现最佳的研究分析师及其每日推荐的股票。MarketBeat 已识别出五只股票，顶级分析师正在悄悄地向客户推荐购买，以便在更广泛的市场注意到之前...而 Trade Desk 并不在名单上。</p>
</div><p>While Trade Desk currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p>
<div class="lb-trans"><p>虽然 Trade Desk 目前在分析师中获得了中等买入评级，但顶级分析师认为这五只股票更值得购买。</p>
</div><p>View The Five Stocks Here</p>
<div class="lb-trans"><p>在这里查看这五只股票</p>
</div>

Trade Desk 加入标普 500 指数：广告科技股能否成为核心持股？