#7 - Twitter (NYSE:TWTR)
Twitter (NYSE: TWTR) - Although you can hardly go a day without seeing a hashtag the tagging device that has become synonymous with Twitter, the stock and the company is still seen as being the little sibling of the social media space. Facebook has a much larger reach. And Snap has managed to generate a buzz, particularly among the younger demographic to which it is targeted. Like all social media sites, Twitter is navigating the cries for tighter regulation after the 2016 presidential election. One way Twitter is addressing it is to stop reporting monthly active users (MAUs) with their earnings report and instead focusing on monetized daily active users (mDAUs). These are users that engage with Twitter through an app or web browser that can receive ads. Although investors have punished the stock for this, it may be a strategy that is working. Twitter has historically lagged behind its peers in terms of generating ad revenue, but this is showing signs of changing. Another thing working in Twitter’s favor is their active effort to identify and shut down fake accounts. The market seems to agree. The stock is up over 11% in 2019.
About Twitter
Twitter, Inc operates as a platform for public self-expression and conversation in real-time. The company's primary product is Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products that enable advertisers to promote brands, products, and services, as well as enable advertisers to target an audience based on various factors, including who an account follows and actions taken on its platform, such as Tweets created and engagement with Tweets.
Read More - Current Price
- $53.70
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
Technology is always changing which is why technology stocks will always be among the most volatile for investors. As one technology moves out of fashion, another is there to replace it. However, as an investor, it can be hard to keep up with the daily scorecard. And with some stocks, if you miss the initial surge you’ve missed a lot. One way to help ensure you profit from investing in technology stocks is by understanding the underlying trends that will be moving the markets forward and investing in the companies that make those trends happen. In 2019, those trends include 5G, information security, and cloud-based services. And the companies we’ve identified in this report are helping facilitate the development of these technologies into tangible products that consumers will be buying. Take a few minutes to check out these seven stocks and make them a part of your portfolio. Or put them on your MarketBeat watch list and track their performance.
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