4 Best Recession Proof Canadian Stocks to Buy and Hold in 2022

The global stock markets have rallied over the past year, despite the world being grappled with one of the worst healthcare crises in human history. The Canadian stock market is no exception. S&P/ TSX Composite, the largest benchmark index in Canada, gained 56.04% since the stock market crash on March 23, 2020, following the news of a nationwide lockdown. The index has registered 3.6% gains year-to-date (as of February 26, 2021), 160 basis points higher than the S&P 500’s 2% returns over the same period.

Trade Desk Stock Forecast

Trade Desk Stock Forecast 2022: Is TTD a Buy Due to the Rise in Online Advertising?

The Trade Desk (TTD) is a California-based tech company known for its real-time programmatic marketing automation technologies, products, and services. The company is the largest independent demand-side platform in the world and competes with giants like Google’s DoubleClick, Facebook Ads, and many more. It rose to fame during the pandemic when businesses were forced to move online. The highly personalized customer experience provided by TTD helped its customers improve their overall return on investment. But The Trade Desk stock has been underperforming largely since the beginning of this year and has lost close to 24% year-to-date and about 8% in the last month.

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