SNAP - Snap Inc.

NYSE - NYSE Delayed Price. Currency in USD
10.72
-0.01 (-0.09%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close10.73
Open10.68
Bid10.70 x 3100
Ask10.78 x 21500
Day's Range10.46 - 10.85
52 Week Range4.82 - 16.75
Volume13,166,322
Avg. Volume27,730,926
Market Cap14.162B
Beta (3Y Monthly)1.13
PE Ratio (TTM)N/A
EPS (TTM)-0.97
Earnings DateApr 29, 2019 - May 3, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est8.79
Trade prices are not sourced from all markets
  • Uber speeding into the IPO race and it could be among the biggest of the year
    Yahoo Finance Video3 days ago

    Uber speeding into the IPO race and it could be among the biggest of the year

    Uber speeding into the IPO race after reportedly picking the NYSE for its listing expected in April. This comes on the heels of Lyft's much anticipated IPO launch at the end of March. LPL Financial Senior Market Strategist Ryan Detrick joins Yahoo Finance's Jackie DeAngelis.

  • Lyft Paves the Way for Tech IPO Surge
    Zacks6 hours ago

    Lyft Paves the Way for Tech IPO Surge

    Lyft is expected to have its initial public offering (IPO) this week making it the first of the ride-hailing companies to open up ownership to the public. The real milestone is the 52 week deficit that Lyft is showing on its income statement in their S-1 filing.

  • 5 Social Media Stocks to Buy Instead of Facebook
    InvestorPlace9 hours ago

    5 Social Media Stocks to Buy Instead of Facebook

    Facebook (NASDAQ: FB) is one of the few social media stocks that technology investors should hold in their core portfolios. Still, diversification within this subsector offers a margin of safety, which means considering other stocks is also a good idea.Besides, after significant selling in Facebook stock since summer 2018 has sent the stock to a low of $123, investors have started opening up to holding other instant messaging-based companies.Facebook's underperformance is a risk factor for investors in 2019. Negative media coverage that undermines the site's security and privacy issues could convince addicted users to finally quit the site. Those users may opt to use Facebook's WhatsApp or Instagram, but that will still hurt the company's profits. WhatsApp is not making much revenue and Instagram ads have a sharply lower profit margin than those posted on the News Feed.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Tech Stocks With Key Products That Face an Uncertain Future So, how should investors diversify away from this networking giant? Here are five social media stocks to buy instead of Facebook. Twitter (TWTR)Source: Shutterstock Twitter (NYSE:TWTR) is stuck in a prolonged trading range of between around $26 and $34. Every time the stock drops to the $26 range, it rallies. Likewise, when TWTR stock is $34 - $35, traders lock in profits. At a $25 billion market cap, TWTR stock is 19 times smaller than that of Facebook's $481 market cap.At that market price, investors get a micro-blogging services firm that is becoming more appealing to advertisers. Cleveland Research wrote that encouraging feedback from advertisers would justify an increase in revenue estimates for Twitter.At a presentation at the Morgan Stanley conference, Twitter said it was cleaning up its user base. DAU and MAU numbers no longer matter so much when those activities just measure bots and spammers. Instead, Twitter will baseline its measures against revenue generation per user. For the investor, that is a welcome change in metrics.Advertisers are more than happy at the changes by TWTR. They will become the primary destination site for starting online conversations on products. The audience, mostly on a mobile device, will see and interact with the chatter, strengthening the advertising push. Snap Inc (SNAP)Source: Shutterstock Snap Inc (NYSE:SNAP) started the year at around $5, but SNAP stock has risen steadily to over $10.70 on the markets recently.The company reported strong Q4/2018 results on Feb. 5. Its introduction of advertising video ads that users could not skip added to the bottom line. Getting users to view ads in exchange for the free use of Snap's messaging and camera features is a more than fair compromise.SNAP stock investors liked the ad-friendly shift: SNAP stock is holding up at the $10 level and could head higher for 2019. Facebook clearly has a problem monetizing and growing Instagram if Snap continues to draw in more users. Snap might even win back the users who left to Instagram, following Snap's disastrous app update.In the fourth quarter, Snap reported record revenue of $390 million, up 36% from last year. It reduced its operating losses, net loss, even after DAUs were comparable to last year's levels. DAUs were 186 million, similar to the 187 million reported last year. * 10 Monthly Dividend Stocks to Buy to Pay the Bills Investments it made in 2019, especially in the area of long-term scalability, will pay off for the remainder of the year and beyond. As more advertisers shift some funds allocated from Facebook to Snap instead, Snap may achieve profitability sooner. And when that happens, SNAP stock will continue its climb. At a 14 billion market cap, SNAP stock is smaller than TWTR stock. That could change if SNAP recovers back to its 52-week high of $16.85. Weibo (WB)Source: Shutterstock Weibo (NASDAQ:WB) bottomed in the low $50's in January and attempted to rally back to the $75 level, only to close recently at $58.70. It has a market cap of $12.8 billion, while WB stock is valued at a 23.8X price-to-earnings ratio. Investors grew nervous following its fourth-quarter report. Worries over no U.S. and China trade deal for the week of March 18 - 22 also added to the selling pressure.Weibo reported MAUs of 462 million in the fourth quarter. Advertising and marketing revenue rose 25% year-over-year to $417 million. DAUs rose 28 million from last year to 200 million. The company guided Q1 revenue of between $395 million - $405 million. This is within consensus, but because Weibo did not guide above it, WB stock sold off.The leading social media in China captured a higher market share in digital advertising budget. This enabled the company to report a solid 28% year-over-year increase in net revenue of $481.9 million. Weibo controlled cost and expenses too. Costs rose to $298.8 million, up from $232.2 million. Cost increases were due to higher revenue shares to live broadcasters. The higher personnel-related costs and expenses will pay off in future quarters as the staff brings in more business. Sina Corporation (SINA)Source: Shutterstock Sina Corporation (NASDAQ:SINA) is another Chinese media stock investors should consider over FB stock. It describes itself as a leading online media company serving China and the global Chinese communities. Sina.com is a notable digital media network, while Sina mobile has a mobile portal and mobile apps. Weibo is the social media enabler for the firm.The company reported Q4 results on March 5. Revenue grew 14% from last year, helped by a 14% year-on-year increase in ad revenue, to $484.3 million. Gross margin improved to 79%, up from 75% last year.Sina spent more for the year, although some of the increase is due to accounting changes and goodwill and an acquired intangibles impairment charge for its non-core business line. The company ended 2018 with $2.3 billion in cash and cash equivalents. This fell from the previous year, due to a share repurchase program and a repayment of convertible senior notes. * 7 Consumer Discretionary Stocks to Buy Now Sina forecasts revenue growing at 18% - 25%. Compared to its 33x P/E, the PEG of 1.56X is comparable to Facebook's 1.3X. But China's fast-growing internet community will drive Sina's audience growth for years to come. Alphabet (GOOG)Source: Brionv via Wikimedia (Modified)Although Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) has no real pure play in social media, investors cannot ignore its giant presence as a search engine, which makes it notable among social media stocks. Google is the gateway search engine to get to other social media sites. At $821 billion, the company is twice as large as Facebook by market cap. And for good reason.Alphabet abandoned its social media hopes when it closed down Google+. Now that it is refocusing its growth on advertising revenue on the search engine, investors should consider holding GOOG stock. Alphabet announced a Google game service -- Stadia -- last week that could draw a big audience. Should social media, which involves sharing content, posting updates and messaging, bore users, gaming is the next area of continued online activity.Stadia will allow games to run on Google servers. The ecosystem will allow users to play games and also watch them. YouTube could become the means by which users are a spectator on the platform. With YouTube becoming even more than just streaming content, the value of the platform increases. Investors could invest in that value-add by buying GOOG stock.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post 5 Social Media Stocks to Buy Instead of Facebook appeared first on InvestorPlace.

  • TheStreet.com11 hours ago

    Pinterest's IPO Filing Features More Positives Than Negatives - Tech Check

    Back in December, I argued that Pinterest looked well-positioned to achieve the $12 billion-plus IPO valuation it was reported to be seeking. Revenue growth remains strong -- Pinterest's revenue rose 60% in 2018 to $755.9 million. Revenue still has a lot of room to grow, particularly overseas -- Though nearly 70% of Pinterest's monthly active users (MAUs) are now located outside of the U.S., the company produced only $17 million in international revenue in Q4.

  • Lyft IPO Oversubscribed Ahead of Listing Next Week
    Bloomberg12 hours ago

    Lyft IPO Oversubscribed Ahead of Listing Next Week

    Now investors who want a piece of America’s second-largest ride-hailing company will likely need to pay a premium when the stock starts trading next week. The San Francisco-based company has only been on the road marketing its initial public offering for two days, but investors have already been informed that the listing is oversubscribed at the current price range, said people familiar with the matter, who asked not to be identified because the details are private. Lyft is expected to price its shares on March 28 and begin trading on the Nasdaq the next day.

  • Is Snap Stock Headed for $20?
    InvestorPlace3 days ago

    Is Snap Stock Headed for $20?

    I read an article about Snap (NYSE:SNAP) CEO Evan Spiegel recently that was highly complimentary of the 28-year-old wunderkind. It got me thinking about Snap stock, which went over $10 on Mar 13 for the first time in six months, a hallelujah moment if there ever was one for Spiegel and the rest of Snap's management team. Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith Snap stock on a roll, is $20 the next logical target for Snap stock? * 10 Stocks on the Rise Heading Into the Second Quarter Yes and no. Here's why. Why $20 Could Be in the Cards for Snap StockMy InvestorPlace colleague Josh Enomoto paid me a nice compliment recently. And it just happened to be related to Snap stock."Certainly, those who recommended speculating on SNAP stock finally have credibility. Last September, InvestorPlace's Will Ashworth stated that SNAP stock was worth gambling on as long as it stayed under $10. As is usually the case, he was right on the money. Year-to-date, SNAP stock is up over 69%," Enomoto wrote February 19. While Josh's words are very kind, he knows all too well that the business of investment prognostication is one-third analysis and two-thirds luck. As they say, "Even a blind squirrel finds an acorn once in a while."In my September article, I made it abundantly clear that I wouldn't buy Snap stock. Now that it's doubled in price, I still wouldn't. The question is whether you should.I've not always been a fan of Spiegel's. In July 2017, I questioned the wisdom of Speigel and his wife, Miranda Kerr putting their wedding photos on Instagram, Facebook's (NASDAQ:FB) website which threatens Snapchat's very existence. "I have to wonder about their decision to put the photos on Instagram -- one of the social media apps that could put Snap out of business, ultimately sending SNAP investors scrambling to buy FB stock, if they already haven't," I wrote. However, I have to give him credit for risking it all in the short-term for an app redesign that would deliver consistent revenue and profit growth in the long-term. It's not easy to take that kind of risk when the entire world is telling you that you're making a huge mistake. But innovation is what drives great companies.That's why I'm a huge fan of Elon Musk's despite the fact that he's as erratic a CEO as Donald Trump is a President. However, when I read stuff like I did earlier this week about Tesla (NASDAQ:TSLA) updating the Model 3's software to give the car 5% more power, I bow down to the innovation master. It's brilliant. Referring back to the beginning where I mentioned a recent article that got me thinking about Snap stock, iHeart Radio CEO Bob Pittman, who once was a top executive at Time Warner, said something very telling about Spiegel and Snapchat. "Anytime you do a redesign of anything, you get a backlash because you've changed what people already know," Pittman said. "If you're going to drive consumer products, you have to be willing to keep evolving it and moving it. I think Evan is probably one of the prime examples of someone who's willing to do that."Now, before you get on the computer to buy Snapchat stock, it's important to know that iHeart Radio is a Snapchat partner, so his comments have to be taken with a modicum of cautionThat said, Spiegel's got the innovation chops to get Snap to non-GAAP and then GAAP profitability. But it's going to take some more time. Why $20 May Not Be in the Cards for Snap StockThe one thing I didn't mention about my colleague, Josh Enomoto, is that he knows a thing or two about technology. That makes him a better evaluator of Snap's prospects than myself. Here's what he had to say in mid-February. "When it comes to ARPU, whom is SNAP going to target for revenue opportunities? Snapchat's advertisement sales and engagement run a distant third to Facebook and Twitter(NYSE:TWTR), who are first and second, respectively," Josh wrote. "Even more problematic, media and entertainment firms run the most advertisements on Snapchat's platform. That's fine, but the company won't be able to raise its ARPU by selling ads to companies in other sectors."Essentially, what he's saying, is that the chances of SNAP delivering a string of earnings beats beyond its impressive Q4 surprise are very small. As Snap stock has appreciated another 15% since mid-February, any negative surprise when it reports first-quarter earnings at the end of April will most certainly send the SNAP stock price diving into single digits. In other words, there's still a lot of risks associated with Snap stock, and those risks may have increased now that it's doubled in price. The Bottom Line on Snap StockI would love to say I know for sure that SNAP will go to $20. If I did, I wouldn't be writing about its stock; I'd be making money from it. At $5, it was easy to recommend that aggressive investors take a shot at SNAP stock. At $10, the odds of it doubling a second time in a year are low to non-existent. However, if you have the stones to handle a lot of risks, it's one of the more intriguing low-priced bets available in today's market. It's not one I'd take, but that doesn't mean you shouldn't. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post Is Snap Stock Headed for $20? appeared first on InvestorPlace.

  • Is Pinterest Good Enough for the Growth-Crazed IPO Market?
    Bloomberg3 days ago

    Is Pinterest Good Enough for the Growth-Crazed IPO Market?

    Pinterest Inc., the online scrapbook, on Friday  released a pitch to potential investors in its initial public offering. This is a solid business, and better than I expected. Pinterest has clearly spent the last year focused on squeezing more money on average from each of its users and bringing down costs for things like its computer services contracted from Amazon.com Inc.’s cloud-computing division.

  • Unicorns: The Next Generation of $1 Billion Startups Has Arrived
    Investopedia3 days ago

    Unicorns: The Next Generation of $1 Billion Startups Has Arrived

    An elite group of 14 startups has been inducted into this small but growing group of unicorns that may IPO in 2019 or 2020

  • How To Buy IPO Stocks: Lessons From Facebook, Alibaba, Snap, Square And Tencent Music
    Investor's Business Daily3 days ago

    How To Buy IPO Stocks: Lessons From Facebook, Alibaba, Snap, Square And Tencent Music

    Interested in buying "hot" IPO stocks? Keep in mind these lessons from the initial public offerings of Facebook, Alibaba, Snap, Tencent Music and Cronos.

  • CNBC4 days ago

    Snap to drug advertisers: We're the friendlier social network

    Snap, the company that makes Snapchat, is attending pharma marketing conferences to pitch companies on using its platform for advertising. It is suggesting a range of campaigns, including generalized disease awareness and specific drugs or vaccines for conditions ranging from excessive sweating to HPV. Pharma companies are shifting their ad dollars from TV to digital media, and are looking for new ways to reach younger audiences.

  • Financial Times4 days ago

    [$$] Demand for Lyft IPO bodes well for Uber and other tech groups

    Lyft is warning it will not be profitable for years, but the ride-sharing app’s bankers say they have sold all the shares planned for its initial public offering and analysts are already marking up its target price. At the New York stop on Lyft’s marketing blitz on Thursday, some 400 bankers and investors attended a lunch presentation at the St Regis hotel that required an overflow room to accommodate everyone who wanted to attend. would turn a profit, whether it is in a “price war” with its larger rival Uber and the regulatory risks ride-hailing companies face in cities such as New York, according to one investor who attended.

  • Snap (SNAP) Gains But Lags Market: What You Should Know
    Zacks4 days ago

    Snap (SNAP) Gains But Lags Market: What You Should Know

    Snap (SNAP) closed the most recent trading day at $11, moving +0.57% from the previous trading session.

  • Why Did Ford Hire an Amazon Veteran as Its Next CFO?
    Motley Fool4 days ago

    Why Did Ford Hire an Amazon Veteran as Its Next CFO?

    Ford's new finance chief isn't a typical auto executive.

  • Lyft's Debut Looks Like Snap All Over Again, IPO Analyst Warns
    Bloomberg4 days ago

    Lyft's Debut Looks Like Snap All Over Again, IPO Analyst Warns

    The pair looks so similar because both firms face competition from significantly larger rivals and they both could have disclosed more data to potential buyers, said Rett Wallace, chief executive officer of Triton Research Inc. Wallace renewed his attack on Lyft Thursday after saying earlier that there was “almost nothing” in its filing to assess the business. “Lyft is even less differentiated relative to Uber than Snap was to Facebook,” Wallace said in a phone interview.

  • Benzinga4 days ago

    Former Amazon, Snap Exec Tim Stone To Join Ford As CFO

    Ford Motor Co. (NYSE: F) confirmed Thursday it has hired longtime former Amazon.com Inc. (NASDAQ: AMZN) executive Tim Stone to be the automaker’s chief financial officer, replacing Ford veteran Bob Shanks, who is retiring later this year. Stone, 52, comes to Ford from Snap Inc. (NYSE: SNAP), where he had been CFO since last year.

  • MarketWatch4 days ago

    Ford's incoming CFO could shake up company's bureaucracy: analysts

    Ford Motor Co. new chief financial officer Tim Stone, who will succeed retiring CFO Bob Shanks on June 1, will "certainly need to learn the business," but there are positives from his background, analysts at RBC said in a note Thursday. Before Stone's brief stint as CFO of Snap Inc. , he worked in finance at Amazon.com Inc. for 20 years. A "fair criticism of Ford over the years has been that the organization is bureaucratic and home-bred," the analysts said. Chief Executive Jim Hackett has made it a point to try and change the culture "and Stone clearly comes from organizations that have historically moved faster," they said. Moreover, "his experience at Amazon could lend some insight into both Ford's core business ... as well as Ford's auto 2.0 initiatives," the analysts said. Ford announced Shanks' retirement and Stone's appointment earlier Thursday. Shares of Ford rose 1.5% in midday trading. The stock has lost 22% in the past 12 months, which contrasts with gains around 5% for the S&P 500 index in the same period.

  • 7 Beaten-Up Stocks to Buy as They Reverse Course
    InvestorPlace4 days ago

    7 Beaten-Up Stocks to Buy as They Reverse Course

    Stocks are off to a great start in 2019. All three major indices are up more than 10%, led by a 16% rally in the Nasdaq Composite, and it's still only March.But, not all stocks have had a great year thus far. For every Roku (NASDAQ:ROKU) and Snap (NYSE:SNAP) -- two stocks that are already up more than 100% year-to-date -- there's another stock on the other end of the spectrum that has struggled for gains in 2019.For some of those struggling stocks, the pain will persist because the fundamentals are weak, and only getting weaker. Indeed, that's probably true for most stocks that have struggled amid the recent market rally.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut, for other beaten up stocks, the pain could end soon. The fundamentals are weak today, but getting better. When they do get better, they will converge on a beaten up stock against a healthy market backdrop, and that convergence could spark a rip-your-face-off rally.That's why I've compiled a list of seven beaten up stocks that I think are ready to reverse course soon. These stocks may stay weaker for longer. But, the underlying fundamentals are improving, and ultimately, buyers who exercise patience at these levels should be rewarded with a big rally in the near- to medium-term future. * 10 Stocks on the Rise Heading Into the Second Quarter Which beaten up stocks made the cut? Let's take a look. Axon (AAXN)Source: Shutterstock % Off All-Time Highs: 37%One of my favorite growth stocks back in 2017 was Axon (NASDAQ:AAXN). The thesis was simple. The law enforcement world is outdated. It needs to be technologically upgraded. Axon provides solutions that do just that across a wide spectrum applications, including smart weapons, body cameras and digital recording systems. Adoption of these solutions will grow by leaps and bounds over the next several years. As it does, Axon stock, which seemed hugely undervalued at $20, will rally.Fast forward two years. The big rally in Axon stock happened. It jumped from $20 to nearly $80 in a year and a half. That rally was overdone. Now, the stock has pulled back in a big way to below $50. This pullback is likewise overdone. The core fundamental growth narrative of Axon improving processes and outcomes across the law enforcement world remains healthy and unchallenged (there are basically no competitors). The stock just got ahead of itself at $80.I've long maintained that Axon stock is fundamentally supported and attractive at $50. I maintain that stance today, and that's why I think this stock is ready to reverse course soon. Weibo (WB)Source: Shutterstock % Off All-Time Highs: 56%Calendar 2018 was unkind to all stocks, but particularly so to Chinese tech stocks. In the slaughtered China tech group, one of the biggest losers was Weibo (NASDAQ:WB), which dropped more than 60% off all-time highs and remains more than 55% off all-time highs today.Surprisingly, the big drop in Weibo stock had very little to do with Weibo-specific fundamentals. Those fundamentals have remained very good. The social networking platform has continued to add users and grow revenues at a robust pace, while it has largely maintained its margin profile and consequently grown profits at an equally robust pace. But, what happened in 2018 is everyone freaked out about a slowdown in China, and those fears coupled with escalating trade and FX headwinds to create a tremendous amount of selling pressure on Weibo stock. * 5 of the Best Stocks to Buy Under $10 Things are looking up for Weibo stock in the New Year. China's economy appears to be stabilizing. Trade headwinds are less severe. As are FX headwinds. Meanwhile, the company just reported quarterly numbers that comprised 28% revenue growth, 18% user growth and 26% profit growth. In other words, the macro is improving, and the micro remains favorable. As such, it seems like only a matter of time before Weibo stock stages a huge comeback rally. Nvidia (NVDA)Source: Shutterstock % Off All-Time Highs: 43%Chip giant Nvidia (NASDAQ:NVDA) used to be considered the unstoppable "AI company". Everyone thought that the company had a monopoly in supplying the building blocks for AI-powered technologies. Everyone also assumed that demand in AI-end markets would remain robust forever. Neither of those is true. Nvidia has stiff competition, and demand has slowed. As such, Nvidia has gone from being an unstoppable growth stock, to a severely beaten-up stock trading more than 40% off all-time highs.But, things should improve in 2019. The big headwinds that weighed on NVDA stock in 2018 were inventory issues putting pressure on margins, and trade and economic uncertainty headwinds diluting demand. Those headwinds will become old news in 2019. Nvidia is already cycling through its inventory issues, and trade and economic uncertainty headwinds have become significantly less severe. As such, in 2019, demand should come back into picture, while supply should be reduced. That will create a favorable backdrop for Nvidia to return to healthy revenue growth and gross margin expansion.When that happens, NVDA stock will stage a huge turnaround toward and potentially above $200. Capri (CPRI)Source: Shutterstock % Off All-Time Highs: 54%Shares of global fashion conglomerate Capri (NYSE:CPRI) have been hammered over the past several quarters for various reasons. One, the core Michael Kors brand has lost steam. Two, margins have been under pressure. Three, investors have questioned the Versace acquisition. All together, investor sentiment has been weak, and CPRI stock has dropped more than 50% off all-time highs.I think these concerns are overblown. In the big picture, the morphing together of three luxury fashion brands (Michael Kors, Jimmy Choo and Versace) under one fashion conglomerate umbrella mitigates the financial risks and noise associated with fashion-trend cycles, while boosting brand awareness and equity. Consequently, while the Michael Kors brand will continue to cycle between hot and cold for the foreseeable future, Capri's revenues in 2019 and after will show significantly greater stability. Margins will likewise improve with this enhanced stability. And, because of revenue and margin stability, the Versace acquisition will prove to be more than worth it -- it will ultimately be seen as necessary. * 7 Hot Stocks Under $4 It's only a matter of time before the market realizes this. When it does, investors will flock to this really cheap stock (9-times forward earnings) and that flocking could spark a big recovery rally. AT&T (T)Source: Shutterstock % Off All-Time Highs: 30%The narrative at AT&T (NYSE:T) has been dominated by cord cutting for several years now. Specifically, as more consumers have cut the cord, AT&T's historically stable cable business has struggled. That has created a drag on the company's revenue, margins and profits. To make matters worse, with the acquisition on Time Warner, AT&T is now one of the most indebted companies in history. A bunch of debt on muted profit growth doesn't exactly attract buyers. It attracts sellers, and that's exactly what has happened to this stock.But, a turnaround could be in store. The mainstream and widespread roll-out of 5G wireless coverage is coming, and that will provide a much-needed boost to this company's wireless business. Meanwhile, Time Warner content assets should give AT&T the necessary firepower to expand more deeply into the streaming world and offset cord cutting weakness. Rates have also stopped climbing, so pressure on the balance sheet is easing while the big 6.6% dividend yield is relatively more attractive.All in all, the fundamentals underlying AT&T stock will improve in 2019. As they do, this super cheap, beaten up stock will outperform. Twitter (TWTR)Source: Shutterstock % Off All-Time Highs: 57%In 2018, social media giant Twitter (NYSE:TWTR) was on a roll. Until it wasn't. The stock went from $25, to $50, back to $25, all in the same year, as investors couldn't figure out whether user growth really mattered. Ultimately, the market has settled on the fact that it does matter, as revenue growth and margin expansion have remained robust, but the user base has declined, and Twitter stock trades well off all-time highs.The market made the wrong conclusion here. Monthly active users is a meaningless metric without engagement. What are eyeballs if those eyeballs aren't really interacting or paying attention? Engaged eyeballs for advertising purposes are infinitely more valuable because they lead to more data, which leads to better targeting, more relevant ads, and more ad conversions. At Twitter, those engaged eyeballs continue to go up, as the number of engaged daily active users is growing at a ~10% year-over-year rate. * 5 Stocks To Buy for the Happiest Employees So long as that number continues to grow, revenues will grow, and so will margins. The market will realize this in 2019. When it does, you will see Twitter stock stage a big turnaround. Activision (ATVI)Source: Gamevil Inc. via Flickr% Off All-Time Highs: 48%Much like Twitter, Activision (NASDAQ:ATVI) stock was on a roll. But the stock went from $65, to $80, to $45, all in a matter of twelve months, because near-term positives quickly turned into near-term negatives. Specifically, everyone was expecting a big holiday quarter out of Activision thanks to a new Call of Duty release. That release got delayed. When the game finally did get released, adoption and engagement rates were underwhelming. Fans were disappointed. So were investors. ATVI stock dropped 50%.But, this 50% haircut in ATVI stock seems way overdone. In the big picture, Activision still has three big trends working in its favor. One, digital and mobile consumption globally is only growing, and that lends itself to continued growth in the video game industry, of which Activision is a big player with a broad portfolio of secular appeal games. Two, esports is just starting to come into its own, and Activision is behind arguably the world's most important esports league. Three, innovation in the video game industry is nearing a breakthrough with things like AR/VR and cloud gaming, and those breakthroughs could supercharge growth across the whole industry.Overall, the long-term positives here significantly outweigh the near-term negatives. As such, patience will be rewarded. Eventually, near-term negatives will phase out. When they do, Activision stock will pop in a big way.As of this writing, Luke Lango was long ROKU, AAXN, WB, CPRI, T, TWTR and ATVI. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 7 Beaten-Up Stocks to Buy as They Reverse Course appeared first on InvestorPlace.

  • Reuters5 days ago

    Ford names Amazon veteran Tim Stone as CFO

    Stone, 52, replaces Bob Shanks, who will retire at the end of 2019 after serving the company for 42 years. Stone held various financial roles at Amazon for two decades, and was most recently CFO of Snapchat messaging app owner, Snap Inc. Stone will take over as CFO on June 1, Ford said.

  • It’s Time to Admit You Missed the Boat on Snap Stock
    InvestorPlace5 days ago

    It’s Time to Admit You Missed the Boat on Snap Stock

    We've finally seen some life in Snap (NYSE:SNAP) in 2019, with shares exploding off its Dec. 24 lows. The stock has more than doubled from those levels as investors continue to bid Snap stock higher. In this regard, it's somewhat reminiscent of General Electric (NYSE:GE) and its big rally from the December lows.Source: Shutterstock However, the same question persists: Can Snapchat stock continue its rally?There are a few things to consider here. The first is that technology and the broader markets have momentum right now, and so do some of Snap's peers, like Facebook (NASDAQ:FB).InvestorPlace - Stock Market News, Stock Advice & Trading TipsShould that momentum persist, I see no reason why Snapchat stock cannot continue higher as well. And keep in mind, I'm no raging bull in Snap. In fact, I have not liked this one very much at all over the years, save for a few short-term long setups on the chart.In that regard, let's look at the charts to see what we're working with. * 5 Cloud Stocks to Help Your Portfolio Fly Trading Snapchat Stock Click to EnlargeSnapchat stock rallied from $5 in late December to $7 in early February. For many, this 40% rally would be a sure-fire short. But investors have to realize that, even without solid fundamentals, rarely is it worthwhile to try shorting a stock to zero.The risk/rewards simply isn't appropriate. Even at $7, the best case with Snap is picking up $2 on a winning short trade, while risking an unwind up to the $9.25 to $10 area.Compare that to early August, when Snapchat stock tested prior support near $13.50 and failed. That gave us an immediate target of prior support near $10.50 and a windfall below that. Plus, our risk wasn't very high because a key level was just overhead.Enough of the history lesson, where can the stock go now?Over downtrend resistance (blue lines), the notable $10.50 level and all three major moving averages, and Snap stock has strong momentum. After getting a big boost last week on an analyst upgrade, Snap is consolidating the gains nicely. If it can continue consolidating over this $10.50 level, the odds it takes out its recent highs over $11.40 increases.From there, Snapchat stock can make its way up toward $13.25 to $13.75, up almost 25% from current levels. Of course, a move like that wouldn't take place overnight. But there's no reason to fight a trend until the stock breaks away from it. On the flip side, below $10.50 and the backside of prior downtrend resistance near $9.75 is the next line in the sand. Evaluating Snap StockSo why don't we like Snap stock from a fundamental perspective? Last quarter, the company grew revenue more than 36% year-over-year, beating analysts' expectations and hitting a quarterly record. A loss of 4 cents per share came in 4 cents ahead of estimates too. It's clear why Snapchat stock rallied so big off these numbers.The company's strategy is becoming more clear as it invests in improving its content and making the platform more attractive for users. That's great if it works. So far, Snap is only treading water. Daily users of 186 million is flat sequentially and year-over-year. On the plus side, revenue is up big despite that flat user count, but this is not something to hang your hat on.Here's why I don't like Snap as an investment. Despite the record revenue last quarter, the company still burned almost $150 million in cash. While its net loss improved by $158 million vs. the same quarter in the prior year, Snapchat stock still logged a net loss of $192 million. Ouch. Free cash flow over the trailing 12 months stands at an $812 million deficit.It simply can't get out of the red. The Bottom Line on SNAP StockCurrently, Snap has $1.28 billion in cash and short-term investments, down a whopping 37% year-over-year from $2.04 billion. On the plus side, Snap stock doesn't have any debt.But if it can't stem its cash-bleeding ways, it may need to raise capital. Getting to cash flow positive territory would be a much better alternative to taking on debt or selling equity.At this point, the stock is trading much better than the fundamentals would suggest. For now, we don't bet against that. But we'll re-evaluate down the road.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post It's Time to Admit You Missed the Boat on Snap Stock appeared first on InvestorPlace.

  • MarketWatch5 days ago

    Ford names Amazon veteran Tim Stone as CFO, effective June 1

    Ford Motor Co. said Thursday that its Chief Financial Officer Bob Shanks has decided to retire at year-end. The car company said it has named Tim Stone, a 20-year Amazon veteran and former CFO of Snap Inc. to succeed Shanks as CFO effective June 1. Ford shares were slightly higher premarket, but have fallen 23% in 2019, while the S&P 500 has gained 4%.

  • Snap Stock Will Make a Strong Recovery Sooner Than You Think
    InvestorPlace5 days ago

    Snap Stock Will Make a Strong Recovery Sooner Than You Think

    Investors in social media stocks are shifting their positions in a way that seemed unlikely just six months ago: They're buying up Snap Inc (NYSE:SNAP) stock and selling Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR) shares.Source: Shutterstock Even as Facebook trades at a substantially better price-to-earnings ratio than Snap stock, SNAP earned some respect from the markets.In its fourth-quarter earnings report posted last month, Snap reported better user activity numbers. If the chat app is returning to growth, markets must bid its shares higher.InvestorPlace - Stock Market News, Stock Advice & Trading Tips SNAP Stock: Smaller Losses in Q4Snap reported Q4 numbers on Feb. 5 that triggered a rally in its shares. Revenue rose to a record $390 million, up 36% from last year. Its loss shrunk to $195 million. Meanwhile, its EBITDA loss was just $50 million, with the sharp improvement suggesting the company will soon swing to a profit. Odds are on the high side that profits will come as early as sometime this year. In addition to the more positive earnings report, Snap released a new version of its Android application to a small percentage of its community.On the Apple (NASDAQ:AAPL) side, DAU (daily active users) did not grow from last year's levels, stuck at 186 million; however, iOS DAU numbers did grow, plus average time spent grew.It's also important to consider that iOS revenue generation from users is typically higher than that of the Android user base. The combination of higher usage on iOS and a refresh on Android could lead to an even bigger reach for Snap Inc in the U.S. The company reached over 70% of Americans aged 13 to 34 years old with premium mobile video ads on a monthly basis.Another impressive figure is that 70% of its audience use or view Lenses daily. The 700 million times that Lenses was used on New Year's Eve is an impressive achievement for Snap. Seasonally, investors might anticipate such activity falling until the next holiday season which is another three quarters away. Product InnovationSnap's Android application update will cut the time it takes to open the app by 20%. Even after strong Lenses usage, Snap expanded its AR platform through Snap Camera. People may use Lenses on their phone to stream or create the video on desktop or laptop computers. The strong uptake of 300,000 Lenses created in 2018 gives the company a fresh source of content. These videos already brought in 35 billion views. Investors should confidently expect this user activity growing in 2019. Expect Solid Ad RevenueThe days of ad-free videos on Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) YouTube are long gone. But this familiarity with ads has allowed Snap to introduce commercials that are six seconds and cannot be skipped. Through its Premium Content Targeting tool, Snap empowers advertisers to easily buy ad space on the app.Yet another strong number is the Snap Pixel that brought in 600 million purchase events in Q4, more than double from the previous quarter. Bottom Line on SNAP StockSnap's revenue forecast of $285 million - $310 million, up 24%-34% from last year, should give short-sellers a scare. Short float is 12.7%, but SNAP bears could keep getting squeezed as the company heads toward profitability. Adjusted EBITDA will be as high as a loss of $140 million, compared to a loss of $218 million in Q1/2018.Another recent bullish perk is that BTIG, which has never ranked SNAP stock with a BUY rating, changed its stance last week. With a 50% success rate on the stock and an average profit of ~22% on the stock, analyst Richard Greenfield believes SNAP is undervalued by 37%. Even at $15 a share, the stock would return to prices not seen since April 2018. To get back to that level, Snap will need to get back users who left for Facebook's (NASDAQ: FB) Instagram.In the future, advertisers, who now have a self-service infrastructure on its advertising platform to work in, may continue to allocate more of their budget on Snap over Facebook. As Facebook consolidates its platforms -- Facebook, Facebook Messenger, WhatsApp, and Instagram -- and tightens down on security/privacy, companies may post more ads on Snap this year.Ultimately, the short-squeeze on SNAP stock could come to an end after the stock rose from $4.82 at the start of the year to a close at $11 recently. Another strong quarterly report (due in May 2019) would re-establish confidence in Snap's growth prospects. From there, SNAP stock could trade back at the $13 - $15 level.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post Snap Stock Will Make a Strong Recovery Sooner Than You Think appeared first on InvestorPlace.

  • 4 Stocks in Focus on World's Most Expensive Election
    Zacks5 days ago

    4 Stocks in Focus on World's Most Expensive Election

    Apart from the political implications of this election, the most important fact is that this event is likely to become the most-expensive election worldwide.