COMPANY PROFILE

Recent Earnings

Opinion

Today’s Snap, Inc is not the SnapChat of old. They actually are getting their act together and have expanded past the disappearing pictures of your private parts. I’m always amazed that that was a business idea but boys will be boys I suppose. There’s so much to do with the camera, just look at Instagram. I laughed at Facebooks $1 billion officer back in the day and Insta is worth $100B now. Remember, Google offered $30B to buy Snap a few years ago and the company has evolved greatly since then but the market cap is only back to $24B now and the business prospects are much better. I like the stock for >$20 in 2020 at least, particularly as its poised to break the downtrend since going public in 2017. This one looks very robust and it wouldn’t shock me if the market cap saw $36B valuation before its over.