For Immediate Release
Chicago, IL – October 10, 2016 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Twitter (NYSE:(TWTR - Free Report) -Free Report), Facebook (NASDAQ:(FB - Free Report) -Free Report) and Alibaba (NYSE:(BABA - Free Report) -Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Friday’s Analyst Blog:
What’s a Snapchat and Should I Buy the Stock?
Listen up old guys, out of touch executives and Zacks employees. Snapchat needs to be taken seriously. The company is rapidly approaching an IPO and will soon be center stage, mentioned in the same breath as Twitter (NYSE: (TWTR - Free Report) -Free Report) and Facebook (NASDAQ: (FB - Free Report) -Free Report ). I know a lot of you probably have no idea what Snapchat is so here’s a little crash course to get you up to speed.
Snapchat is a photo and video sharing app. Think of it as Twitter with videos instead of texts. And while many of us are fixated on sending text or typing to communicate with the rest of the world, a good chunk of the market would rather shoot a quick video. You can aggregate a bunch of videos together to form your story, then publicly share this story with the world. Early adopters like
DJ Khaled have used Snapchat to gain huge followings and build their brands. Khaled is known for his amusing videos where he gives you the keys to more success. His simple videos attract over 4 million viewers each time.
Another great feature of Snapchat is the messages you send to people disappear shortly after they have been viewed. You can send pictures and videos that are erased in this fashion too. That way, there’s no evidence the next morning. And if you think you’re gonna be slick and take a screenshot of something, the app knows and will alert the other person. It’s a modern way to make sure your message will self-destruct.
It’s very easy to use, in fact, let’s put one together right now. Hi everybody. Welcome to Trending Stocks with the bearded boy wonder! Add a little note #BeardGameStrong, add it to my story and send one to a special someone. Boom. That easy.
The parent company, Snap Inc is working on an Initial Public Offering that could value the company at $25 billion. Snap’s most recent round of funding in May was done at a $17.8 billion valuation. At $25 billion, it would be the largest tech IPO since Alibaba (NYSE: (BABA - Free Report) -Free Report ) went public in 2014. They are targeting the end of this year or early 2017. The company has already told investors they expect $1 billion in advertising revenue in 2017. Compare that with $3.1 million in ad revenue for the first 11 months of 2014. They expect to have 58.6 million users in the US by the end of the year, and expect to see that number rise 13.6% in 2017.
Every time you share this video, I slide in them DMs. Chime in the comments section below. Let me know if you’d buy the Snapchat IPO.Subscribe to the YouTube channel, Twitter @bartosiastics, and come back here to check out all the Trending Stocks with Zacks.com. I’m Dave Bartosiak.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Get the full Report on TWTR - FREE
Get the full Report on FB - FREE
Get the full Report on BABA - FREE
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.