Release

Today’s Research Reports on Trending Tickers: The Trade Desk and Synaptics

U.S. markets finished mostly lower on Thursday, as broader market was dragged lower by weak performance from the industrial and energy sector matched with ongoing trade tension between U.S. and China. The Dow Jones Industrial Average decreased 0.29 percent to close at 25,509.23, while the S&P 500 Index fell 0.14 percent to close at 2,853.58. The Nasdaq Composite Index climbed 0.04 percent to close at 7,891.78, posting its 8th consecutive daily gain.

“Things are looking good in the U.S. in terms of earnings and data, but things aren’t as rosy if you look to China, emerging markets or Europe. Weakness in those regions could eventually become a headwind for the U.S.,” said Suzanne Hutchins, senior portfolio manager of Dreyfus Global Real Return Fund. “The U.S. market seems to be shrugging off any sort of risk right now, since the S&P 500 is near a record and volatility is low. We think that’s wrong, as trade would become quite challenging for the global economy,” she added.

RDI Initiates Coverage on:

The Trade Desk, Inc.
https://rdinvesting.com/news/?ticker=TTD

Synaptics Incorporated
https://rdinvesting.com/news/?ticker=SYNA

The Trade Desk’s stock moved 2.1% higher Thursday, to close the day at $93.29. The stock recorded a trading volume of 1,456,301 shares, which was above its three months average volume of 1,280,114 shares. In the last year, The Trade Desk’s shares have traded in a range of 40.70 – 97.87. The share price has gained 129.21% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $91.78 is above its 200-day moving average of $68.26. Shares of the company are trading at a Price to Earnings ratio of 75.42. Shares of The Trade Desk have fallen roughly 1.33 percent in the past month and are up 104 percent year-to-date.

Access RDI’s The Trade Desk, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TTD

On Thursday, shares of Synaptics recorded a trading volume of 803,332 shares, which was below the three months average volume of 866,176 shares. The stock ended the day 1.91% lower at $48.17. The share price has fallen 12.81% from its 52 week high with a 52 week trading range of 33.73 – 55.25. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $50.06 is above its 200-day moving average of $46.32. Shares of Synaptics have fallen roughly 6.81 percent in the past month and are up 20.61 percent year-to-date.

Access RDI’s Synaptics Incorporated Research Report at:
https://rdinvesting.com/news/?ticker=SYNA

Our Actionable Research on The Trade Desk, Inc. (NASDAQ:TTD) and Synaptics Incorporated (NASDAQ:SYNA) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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