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The Zacks Analyst Blog Highlights: Twitter, Disney, Salesforce.com, Alphabet and Apple

TWTR DIS CRM GOOGL AAPL

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For Immediate Release

Chicago, IL – October 11, 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 Inc. (NYSE:(TWTR - Free Report) -Free Report), Disney (NYSE:(DIS - Free Report) -Free Report), Salesforce.com (NYSE:(CRM - Free Report) -Free Report), Alphabet Inc. (NASDAQ:(GOOGL - Free Report) -Free Report) and Apple Inc (NASDAQ:(AAPL - Free Report) -Free Report)

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Monday’s Analyst Blog:

Face It, Twitter: They Just Weren’t That Into You

On Monday, shares of Twitter Inc. (NYSE:(TWTR - Free Report) -Free Report ) took a sharp nosedive, down over 13.5% in afternoon trading after Bloomberg reported over the weekend that potential bidders to acquire the social media company were backing off.

According to Bloomberg, Disney (NYSE:(DIS - Free Report) -Free Report) , Salesforce.com (NYSE:(CRM - Free Report) -Free Report) and Alphabet Inc.’s (NASDAQ:(GOOGL - Free Report) -Free Report) Google division are all unlikely to continue to pursue a bid to buy Twitter. Sources told Bloomberg that Twitter had planned on having a board meeting to discuss a potential sale with outside advisers but cancelled. Bloomberg’s report comes after Recode wrote last week that neither Disney, Google, or Apple Inc . (NASDAQ:(AAPL - Free Report) -Free Report) are likely candidates to make a bid for Twitter.

Twitter, who has been struggling to grow its stagnant user base, has been at the center of merger and acquisition rumors for weeks now. The company has been making strides to fix its glaring user problems, including deals to live stream high-profile events like NFL and MLB games and the current presidential debates.

In light of this development, Twitter is now set to focus its energy into its live video streaming partnerships, said Bloomberg. “It may give people without Twitter accounts a new way to use the service, while allowing the company to share revenue on the video ads…[but the] fledgling effort hasn’t yet significantly boosted users or advertisers on the platform known for its 140-character messages,” Bloomberg continued.

However, it’s still not certain if acquisition talks are completely over for Twitter. There are apparently multiple other parties still interested in scooping up the company, says CNBC.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

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.

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