svetikd/E+ via Getty Images Investment Thesis Investors had long ago called Snap (NYSE:SNAP) as a dead company walking. And yet, its Q1 2024 results put substantial doubt into the bear thesis. And yet, this doubt cuts both ways. On the one hand, this company still has some growth left in the tank. But on the…
Justin Sullivan Introduction I have a confession to make… while I am primarily a long-only investor, from time to time, I will, on occasion, buy out of the money put options on select companies in an attempt to both capitalize on my high-conviction ideas and hedge my portfolio. I still believe the best way to…
Carl Court Amid sharply renewed enthusiasm for growth and tech stocks, Snap (NYSE:SNAP), the disappearing-chat social media company, has been the beneficiary of a sharp year-to-date rally. Investors have latched onto the company’s user growth in developing markets, in spite of advertising industry headwinds that have dented revenue to just single-digit growth. Year to date,…
NYCstock/iStock Editorial via Getty Images Snap Inc. (NYSE:SNAP) shares have doubled in the last quarter, and the stock likely has much more upside. A lot of small and mid-cap stocks were crushed during the last couple of years, providing substantial upside to just return to more normal valuations. My investment thesis remains Bullish on the…
stockcam Back in March, I said that while Snap (NYSE:SNAP) was facing a number of issues that it had a valuable platform and expectations were low for the company. Since then, the stock is down -14% versus a 7% increase for the S&P 500. Let’s catch up on the name. Company Profile As a quick…
stockcam Snap’s (NYSE:SNAP) recent struggles continued in the second quarter, despite an apparent stabilization in digital advertising. While companies like Meta (META) appear to be moving past market headwinds and the problems caused by Apple’s (AAPL) ATT initiative, Snap’s business continues to slide. Investors in the company need to have substantial faith in the management…
stockcam I used to watch cartoons as a kid, and there would be shows where the good guy would catch the villain and remove their mask at the end to reveal their true identity. Social media platform Snap (NYSE:SNAP) has a logo that brings me back to those memories. The company’s recent Q2 earnings put…
vivalapenler Social media company Snap (NYSE:SNAP) reported better than expected second quarter earnings last week, yet shares crashed on concerns over the company’s revenue guidance for the third-quarter. Shares of Snap have declined more than 90% from its peak and fell 14% after the social media company submitted its second-quarter earnings sheet, but I believe…
stockcam With Snap Inc. (NYSE:SNAP) reporting on its Q2 2023 a couple of days ago, I intend to provide a brief overview of the most notable financial results achieved by the company. I will conclude by providing an update to my May article’s equity value. Financial Performance Overview Revenue Growth – the company showed revenue…