Quantcast
Channel: Royal Dutch Shell – Money Morning – We Make Investing Profitable
Viewing all articles
Browse latest Browse all 3467

Snapchat's Nearly $100 Million Acquisition Shows Why Facebook Stock Is Still Our Top Pick

$
0
0

Snapchat just acquired a tech company that provides better data insights for advertisers.

However, we view this as a desperate move so close to Snap's Q3 2017 earnings report.

You see, it could just be a desperate move to compete with Facebook. And because of Facebook's dominance, we see double-digit profit opportunities down the road...

Tags:

To get full access to all Money Morning content, click here

About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

Disclaimer:© 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

The post Snapchat's Nearly $100 Million Acquisition Shows Why Facebook Stock Is Still Our Top Pick appeared first on Money Morning - We Make Investing Profitable.


Viewing all articles
Browse latest Browse all 3467

Trending Articles