9.35 -0.04 (-0.43%)
After hours: 7:55PM EST
|Bid||9.33 x 1100|
|Ask||0.00 x 900|
|Day's Range||9.13 - 9.40|
|52 Week Range||4.82 - 18.53|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 4, 2019 - Feb 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.47|
Yahoo Finance's Andy Serwer sits down with Alexis Ohanian, Reddit co-founder, to discuss the future of social media and more.
Three things to know about writing your business plan. https://www.entrepreneur.com/video/328542 Follow us on social media: https://www.facebook.com/EntMagazine/ https://twitter.com/entrepreneur https://www.instagram.com/entrepreneur/ Snapchat: entmagazine
JEFF REEVES'S STRENGTH IN NUMBERS From a mathematical perspective, share price doesn't really matter. Whether a public company has 1 million shares valued at $1,000 or 100 million shares valued at $10 apiece, its total market value is still $1 billion.
Snap Inc. announced today that Evan Spiegel, co-founder and Chief Executive Officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference 2019 in San Francisco on February 25, 2019 at 9:30 a.m.
How Twitter Is Trying to Navigate Its Competitive Market(Continued from Prior Part)Twitter discloses its audience sizeTwitter’s (TWTR) audience disclosure is evolving. Starting in this year’s second quarter, Twitter is set to stop reporting
How Twitter Is Trying to Navigate Its Competitive Market(Continued from Prior Part)Priority areas may call for more spending on product developmentThe four priority areas that Twitter (TWTR) wants to focus on going forward could lead to the company
How Twitter Is Trying to Navigate Its Competitive MarketTwitter wants to match advertisers with the right audienceAt an investor briefing this month after Twitter’s (TWTR) fourth-quarter report, CEO Jack Dorsey said the company would focus on
Due to the immense volatility of last year, and the uncertainty cloud this year, defensive investments have dominated public discourse. In these trying times, you want to grab as many assurances as possible.Nevertheless, within this context, high-growth stocks provide lucrative opportunities.For one thing, growth stocks took a beating during the final quarter of 2018. Because they typically don't pay out dividends, panicked investors saw little reason to hold them. As well, the ferocious magnitude of losses made the selloff a self-fulfilling prophesy. This dynamic especially affected up-and-coming stocks which lacked longer-term credibility.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut the irony here is that the same volatility makes high-growth stocks attractive at these levels. Several top names, as well as the upstarts, now trade at steep discounts. That's bad for their management teams, but good for you. Now, those smoking-hot names you've been eyeballing before can be acquired much more easily. * 7 Healthy Dividend Stocks to Buy for Extra Stability Here are my top nine picks for "monster" growth stocks that will kickstart strong gains in 2019: High-Growth Stocks to Buy: Amazon (AMZN)Source: Shutterstock E-commerce giant Amazon (NASDAQ:AMZN) had a monstrous final third in 2018, and I don't mean that in a good way. AMZN stock peaked on the first trading day of September. Since then, shares plummeted slightly over 34% before clawing back some of those losses.In January of this year, AMZN got off to a brilliant start. Returning market sentiment towards high-growth stocks also boosted the tech firm's profile. But curiously, shares started to stagnate around mid-January. Amazon suffered some embarrassing PR, as well as the controversial cancellation of Amazon HQ2 in New York City.However, this is a great time to pounce on AMZN. The marriage between commerce and digitalization is only burning brighter. Naturally, this benefits Amazon and its dominant position in this sector. Facebook (FB)Source: Shutterstock When you're talking about opportunities among the high-growth stocks of social media, most folks will likely point to Snap (NYSE:SNAP). Unsurprisingly, a positive earnings report finally lifted shares out of an ignominious pit.Still, I like sustainability in my growth stocks. Unfortunately, core indicators surrounding the social-media upstart suggest further pain down the road. However, I can't say the same thing about stalwart Facebook (NASDAQ:FB). Sure, they've suffered more controversies than the Donald Trump administration -- okay, maybe not that many -- hurting their credibility. * 10 Smart Money Stocks to Buy Now But despite all the negativities, we have facts. FB remains the world's biggest social-media network. A key benefit here is that they offer unprecedented advertisement revenue channels. Up-and-coming stocks like SNAP can barely keep up. Therefore, I prefer discount-diving in FB stock over an unproven entity. Intel (INTC)Source: Shutterstock Discussions involving high-growth stocks in the semiconductor space end up focusing on the usual suspects: Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). Of course, both companies feature heavily in video gaming, as well as the industries of tomorrow.But what about Intel (NASDAQ:INTC)? Yes, Intel has been around forever, instantly negating it as one of the sexy up-and-coming stocks. Of course, we can't forget its production disappointments revolving around the company's next-generation computer chips.That said, INTC has surprisingly offered stability relative to most other growth stocks. During last year's October rout, Intel initially absorbed some damage, but it quickly gained back those losses. Also, its shares technically look convincing while Nvidia looks somewhat risky.Another selling point comes from its 2.4% dividend yield. It's not much, but it's a heckuva lot better than most high-growth stocks. Dave & Buster's (PLAY)Source: Shutterstock A cursory look at -- or even a deeper analysis of -- entertainment trends may lead you to one conclusion: millennials just don't go out anymore. And with wildly successful high-growth stocks like Netflix (NASDAQ:NFLX), why should they? They can be entertained from the comfort of their own homes.But Dave & Buster's (NASDAQ:PLAY) -- which decidedly operates a brick-and-mortar business -- bucks this trend. Typically, arcades attract the young market (we're talking high school age). However, PLAY allows adults to gleefully let out their inner child, and without judgment. The company's strong growth trajectory confirms this thesis. * 7 Financial Stocks With Accelerating Growth Dave & Buster's also benefits from similar cost structures associated with AMC Entertainment (NYSE:AMC). While cord-cutting is a powerful phenomenon, AMC offers an indispensable social experience, and at a relatively cheap price. This dynamic should make PLAY one of the surprising hits among growth stocks. Square (SQ)Source: Via SquareIf you're looking for high-growth stocks with monstrous upside, it's hard to argue against Square (NYSE:SQ). For starters, SQ has already obliterated the markets -- even last year when so many growth names, particularly up-and-coming stocks, hit a wall, Square delivered respectable returns.As usual, SQ is off to a strong start this year, and I expect further bullishness to unfold. A key factor driving the tech firm is relevancy. With commerce generally moving to the online arena, small businesses in the brick-and-mortar space must innovate. With Square's unique payment app and device, these entrepreneurs can disrupt much bigger competition.The best part? The fundamentals prove this point. According to recent data, Square continues to enjoy robust gross payment volume increases. That tells me that end-users gravitate towards Square's easy and intuitive platform, boding well for SQ stock. GrubHub (GRUB)Source: Shutterstock Among up-and-coming stocks within the past few years, GrubHub (NYSE:GRUB) has the opportunity to render a monstrous paradigm shift. For those who aren't familiar, GrubHub is a food-delivery service that allows diners to enjoy take-out from local restaurants. Particularly, this service benefits those eateries that wouldn't normally offer take-out.To the older demographic, GRUB sounds like sheer laziness. Similarly, those who are fiscally conservative (ie. cheap) don't want to deal with GrubHub. I fall into the latter category. However, my recent foray with Uber rides have made me realize something: online-based transportation services represent the future. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Eventually, GrubHub will probably get rid of their human drivers given tech's trajectory. But the concept of leveraging tech for consumer conveniences? Not only will that not go away, but the dynamic is only getting stronger. Therefore, keep GRUB high on your list of high-growth stocks to buy! Intuitive Surgical (ISRG)Source: Jon Fingas via Flickr (Modified)Usually, growth stocks centered on commerce and the consumer gain and retain the most attention. After all, when we're not working or sleeping, we're often buying something. But as Intuitive Surgical (NASDAQ:ISRG) demonstrates, not all opportunities within this sector involve consumerism.If you're like most people, you don't enjoy the idea of surgery, or hospitals in general. But what if a method existed that minimally disrupted your life and your body? Through ISRG's groundbreaking da Vinci surgical system, that fantasy has turned into reality.Even better, health agencies are increasingly supportive of the concept. Just recently, the Food and Drug Administration approved the company's Ion system, designed for minimally invasive peripherial-lung biopsies. This represents another critical breakthrough for ISRG, since lung cancer is one of the most devastating cancers. Workday (WDAY)Source: Workday Invariably, if technology changes the way we shop, it will also change the way we work. That's the overriding thesis driving Workday (NASDAQ:WDAY). An on-demand financial and human-resource management provider, WDAY offers a slight wrinkle within this rather staid industry.Through its cloud-based enterprise resource planning (ERP) platform, businesses can now access world-class HR programs through a subscription service. Logically, such an option provides small businesses a critical advantage, as HR and other administrative expenses eat up considerable resources. * 7 Healthy Dividend Stocks to Buy for Extra Stability But WDAY doesn't just benefit up-and-coming stocks. Instead, several of its top clients hail from blue-chip segments, such as Amazon, Bank of America (NYSE:BAC), and Hewlett Packard Enterprise (NYSE:HPE). First, everyone wants to save money. Second, WDAY provides an unbiased assessment of what (or who) works, and more importantly, what (or who) doesn't. MongoDB (MDB)Source: Shutterstock When people think about databases, they usually conjure up the column-and-row structure. Popularized by Microsoft's (NASDAQ:MSFT) Excel program, this setup has its place. Invariably, though, you provide the intelligence. But what if a database could do some of the strenuous lifting for you?That's the key question that underlines MongoDB (NASDAQ:MDB) and its innovative approach to databasing. In fact, it's downright disruptive. Straying far away from the traditional approach, MDB offers a flexible document data model. This enables MDB operators to adapt to new, incoming data. Plus, the MongoDB platform provides seamless changes throughout an organizational structure.Even more impressive for developers, the platform is completely open source. Therefore, you're not tied into a rigid format such as a traditional database. This is especially useful for tech firms like Coinbase that seek an edge in a competitive field.It's not the most well-known name among high-growth stocks, but MDB has monstrous potential.As of this writing, Josh Enomoto was long AMC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post 9 High-Growth Stocks to Buy Now for Monster Returns appeared first on InvestorPlace.
Snap (NYSE:SNAP) stock is soaring. Snap stock gained 22% after its Q4 report earlier this month and it's now bounced 89% from an all-time low reached in late December. Source: Shutterstock Admittedly, I got it wrong. I wrote ahead of earnings that Snap stock would go from bad to worse. But I'm still as bearish on SNAP as I was two years ago, and I still believe the market eventually will sell this news, too.After all, Snap earnings might have been better than expected, but they weren't good. The company remains sharply unprofitable. And $12 billion market cap still looks unsustainable and unsupported by even the Q4 numbers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Healthy Dividend Stocks to Buy for Extra Stability Snap admittedly has made some progress - and perhaps enough to keep SNAP stock from being a short. But that's a far cry from arguing that SNAP is headed back toward the double-digits - or that it even can hold the current price just above $9. Were Snap Earnings Good?Snap's Q4 earnings report admittedly had some good news. Revenue grew 36% year-over-year, about 4.5 points better than Street estimates. An adjusted net loss of just $0.04 compares favorably to consensus expectations of -$0.19.Daily active users, at 186 million, were better than expected as well. And with the figure flat quarter-over-quarter, and down just 1 million year-over-year, it does look like the user base stabilized.The fact that Snap could grow the top line 36% on flat users shows that it is becoming more effective with advertisers - and becoming a more fearsome competitor to online advertising giants Alphabet (NASDAQ:GOOGL,GOOG), Facebook (NASDAQ:FB), and Twitter (NYSE:TWTR).There's a case that the quarter at least is a step in the right direction. After a redesign that didn't work, management turnover, and trouble on the ad sales front, Snap definitely made progress in Q4.At the same time, however, the quarter highlights a number of the concerns surrounding Snap. Is it good news that user growth was flat? This remains a stock valued at 7x next year's revenue. Ad rates are growing but can't do so forever. Ad rates for Google, for instance, have been falling for most of the decade.Snap still lost over $50 million even in Adjusted EBITDA in Q4: it needs sustained, multi-year revenue growth simply to get that figure positive, let alone drive reasonable free cash flow.Snap may have made some progress in Q4, and even for full-year 2018. But any reasonable investor has to believe that there's still a long way to go. Snap Stock Has Been Here BeforeFor investors trying to catch the post-earnings wave, it's worth remembering that SNAP has made these types of moves before. SNAP spiked 30% in a few weeks in June. After last year's Q4, SNAP stock soared, too. It would clear $20 and then lose 75% of its value in the next ten months.Short-covering no doubt has driven some of the post-earnings gains. That in turn suggests a potential "dead cat bounce" rather than a significant change in trajectory. So does Q1 guidance, which actually was modestly disappointing. Revenue is expected to grow 24-34% year-over-year - a notable slowdown from the 36% in Q4 and the 43% in Q3.That guidance suggests the top line will increase $55 to $80 million year-over-year next quarter. As a point of reference, Adjusted EBITDA was negative $218 million in Q1 2018. In other words, Snap still is going to lose quite a bit of money and burn quite a bit of cash in Q1, and for full-year 2019. SNAP Stock Isn't CheapWhile SNAP is cheaper than it was, it still isn't cheap - or close. As noted, the stock trades at 7x 2019 revenue. Adjusted EBITDA in 2018 was a loss of $575 million. Just to support the current $9 share price, that figure probably needs to reverse by about $1 billion.Snap only generated $1.18 billion in revenue for the entire year in 2018. That figure needs to potentially triple (or close) for Snap Inc to be worth $12 billion. That will take years on the current trajectory - assuming Snap doesn't stumble again.That's a big assumption. Between the erroneous app redesign and executive turnover, management here has been inconsistent. Snap is doing a better job monetizing users, but without user growth is there really room for a 150%+ increase in ad revenue per user? Twitter and Facebook already have copied key Snapchat features and could again target their smaller competitor if results improve.There's a long, long way to go for Snap. And even with the stock down 53% over the past year, quite a bit of progress is priced in. Snap showed some of the progress in Q4. But it's only one quarter; Snap needs to put together a better year, at least, before investors can get too excited.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post There's No Question That Snap Stock Will Give These Gains Back appeared first on InvestorPlace.
About a year ago, mega Chinese Internet operator, Tencent (OTCMKTS:TCEHY), was flying high. The stock price hit nearly $60. But it would be the peak. Tencent stock would go into a grinding bear move, with the shares hitting a low of $33 in October. Although, since then, there has been a bounce back rally. Source: Shutterstock So where now? Well, when it comes to Chinese Internet stocks, TCEHY is high quality. With a market cap of $402 billion, it is near the valuation of rival Alibaba (NYSE:BABA). Despite this, TCEHY is still not well known in US investment circles.Keep in mind that the company is kind of like a digital conglomerate.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Healthy Dividend Stocks to Buy for Extra Stability Here is a sampling of the various businesses:Communication and Social Tools: TCEHY is the Facebook (NASDAQ:FB) of China, with several dominant social and messaging platforms. QQ for smart devices has 697.9 million MAUs (Monthly Active Users), which has seen growth with younger demographics. Then there is WeChat, which has over 1 billion MAUs. This platform has proven to be quite versatile with payments, city services and maps.There has also been growth in business verticals like transportation, and healthcare. Interestingly enough, Tencent may have ambitions to enter the US market. To this end, the company has invested in Snap (NYSE:SNAP) and Reddit, which is an online forum.Online Games: TCEHY has a massive library of games for smartphones and PCs. Furthermore, the company has used its hefty cash flows to take equity positions in many top game makers, such as Activision Blizzard (NASDAQ:ATVI), Ubisoft Entertainment (NASDAQOTH:UBSFF) and Supercell.Yet perhaps the most impactful deal has been for Epic, which is the developer of the red-hot Fortnite. The equity position is 40%.Digital Content: This includes premium content like dramas, anime series and so on. And growth has been torrid, with the number of subscriptions jumping 79% on a year-over-year basis to 82 million.Cloud Business: In the latest quarter, revenues more than doubled. The focus has been on gaming and broadcast sectors.Of all these businesses, gaming is the most prominent. Consider that it represents nearly a third of overall revenues.But this is an issue for Tencent stock. The gaming sector has been under pressure lately. The main reason: Fortnite. Even though Tencent benefits from its equity position in the company, the fact is that the rest of its gaming assets have come under pressure.Next, the company has had to deal with tough actions from the Chinese government. There have been new censorship requirements, limits on time spent on games and delayed game approvals. While all these are manageable, they have made it tougher to grow the top line. Bottom Line on Tencent StockThere are some other nagging issues for Tencent stock. Of course, there remains the uncertainty regarding U.S.-Chinese relations. And yes, the Chinese economy has been decelerating. While secular trends in digital are robust, the macro situation is still a headwind.Then there is the valuation on Tencent stock, which trades at 30 times forward earnings. This is not particularly cheap since the company is expected to grow at about 25% or so this year.By comparison, BABA sports a multiple of only 25X and is growing the top line at 40%+. In fact, as I've noted before in InvestorPlace.com, when it comes to a play on China, I think BABA is your best bet right now, not Tencent stock.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post There Are Better Chinese Plays in Digital Than Tencent Stock appeared first on InvestorPlace.
PayPal Digest: Venmo, Bitcoin, Share Repurchases, and More(Continued from Prior Part)Venmo’s monetizable base expands to 29% Peer-to-peer payment service Venmo is one of PayPal’s (PYPL) most visible products. And if you ask PayPal’s CEO, Dan
Tech Trends: The NASDAQ, Google-Facebook Duopoly, and More(Continued from Prior Part)Snap announces blockbuster fourth-quarter resultsSnapchat parent Snap’s (SNAP) stock has been on a tear since the company reported its fourth-quarter results
Snap (NYSE:SNAP) stock has been one of the biggest high-profile tech initial public offering (IPO) disasters in recent memory. After a highly anticipated 2017 market debut at an IPO price of $17, SNAP stock promptly took a swan dive as growth numbers eased and an app redesign prompted outrage among users.Source: Shutterstock InvestorPlace - Stock Market News, Stock Advice & Trading TipsSNAP stock hit an all-time low in December at $4.82, but since has rebounded to above $9. A big portion of that move came after SNAP reported better-than-expected earnings earlier this month. But while SNAP may finally be getting its business back on track, traders should consider taking profits on the red-hot stock while the getting is good. * 10 Smart Money Stocks to Buy Now Snap Is Still LosingSNAP is up 30% in February alone. That kind of bullish move is what traders could expect from a stock that is generating massive profits and dominating its industry. The reality for Snap is much different.Snap's Q4 earnings report could most accurately be described as "better than feared." Snap shares ripped higher because revenue grew 36% and average revenue per user was up 37% to $2.07. Both those numbers were better than expected, but the rest of the picture is still pretty ugly.User growth was essentially flat compared to Q3 and actually down 1 million users from a year ago. Perhaps most importantly, Snap reported yet another quarter in the red, losing an adjusted 13 cents per share.Once upon a time, Snap investors were free to ignore the fact that Facebook (NASDAQ:FB) was beating the socks off of Snapchat in terms of monetizing its user base. Snap investors argued that Snap's growth profile and its popularity among younger users, particularly North American teens, made it a unique opportunity for advertisers.Unfortunately, Facebook has out-Snapchatted Snapchat with its extremely popular Instagram platform.Not only does Instagram Stories have more than 150% more daily active users than Snapchat, eMarketer recently estimated Instagram's average revenue per user at around $4. That rate is double Snapchat's ARPU. The Facebook platform's ARPU as of Q4 was even higher at $7.37. Snap Stock Has Too Much UncertaintyGuggenheim analyst Michael Morris recently said there are at least three major near-term questions keeping him on the Snap sidelines. First, as the numbers mentioned above suggest, it's uncertain whether or not Snapchat will ultimately be able to compete with Instagram."Instagram is an inevitable share taker given its funding and engineering resources," Morris said.Second, Morris said Snap needs a home run with its Android rework. Android devices account for 88% of global mobile minutes. Unfortunately, Snapchat's global Android penetration rate is still in the single digits.Finally, as the ARPU numbers indicate, Snap needs to gain traction with its ad pricing. Domestic advertising revenue has trended higher for Snap in each of the past four quarters. However, that number will have to continue moving in the right direction for a long time before Snap is generating meaningful profits. Snap Stock Is ExpensiveAs a value investor at heart, I never like to see any company generating negative earnings. However, for high-growth stocks like Snap, price-to-sales ratio can be a stand-in for price-to-earnings ratio.Unfortunately, after the recent rally, SNAP stock is trading at about 6.6 times Guggenheim's estimated 2020 revenue. The obvious first comparison is FB stock, which is trading at just 5.7 times 2020 sales estimates.Other digital media stocks, including Netflix (NASDAQ:NFLX) (6.2 times 2020 revenue), Twitter (NYSE:TWTR) (5.9 times 2020 sales), Alphabet (NASDAQ:GOOGL) (4.0 times 2020 sales) and Roku (NASDAQ:ROKU) (4.2 times 2020 sales) are all cheaper than Snap at the moment. The same pattern holds true when looking all the way ahead to 2023. SNAP stock is simply expensive. TakeawaySnap is not profitable. Its user growth has stagnated. Its stock is more expensive than its more successful peers. It's ad business is less efficient than Instagram's, it's losing market share and it has several key operational hurdles to clear in the near-term.Yet despite all these negatives, traders can cash out a 30 percent gain since Feb.1 or a 60 percent gain since Jan. 1. In my opinion, they should do just that as soon as possible.As of this writing, Wayne Duggan held no positions in the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Cheap Stocks to Buy Right Now * 5 Stocks Under $5 to Buy Before They Soar * 5 Consumer Stocks to Cash Out Of Compare Brokers The post Take Your SNAP Stock Profits While They're Still There for the Taking appeared first on InvestorPlace.
Investors are looking for the next big social media hit. or Snapchat will emerge. With few recent break-out hits, social media funding is down, as is the number of such startups reaching a billion-dollar valuation.