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Today’s Research Reports on Stocks to Watch: Snap and Twitter

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / December 12, 2017 / Snap shares went higher on Monday after an analyst from Monness, Crespi, Hardt & Co wrote positive things about the company in a note to clients. Shares of Twitter also went higher despite any big news. It was last week that the company's new 280 character count had some good data results from SocialFlow.

RDI Initiates Coverage on:

Snap Inc.
https://rdinvesting.com/news/?ticker=SNAP

Twitter, Inc.
https://rdinvesting.com/news/?ticker=TWTR

Snap Inc. shares closed up 7.63% on nearly 35 million shares traded yesterday. The stock started rising after an analyst at Monness, Crespi, Hardt & Co. had positive things to say about the company. Analyst James Cakmak wrote in a note to clients that Snap has reached a turning point and could beat Wall Street's estimates. In his note, he also cited the relationship that the company has with Tencent, a Chinese messaging and gaming giant. Tencent had bought a big stake in Snap last month. It was also revealed yesterday that Facebook is making Instagram even more like Snap by adding a separate standalone app that will incorporate more private messaging. This is like Snapchat's direct messaging feature. Since its public debut back in March, shares of Snap have stumbled 34%.

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Access RDI's Snap Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SNAP

Twitter, Inc. shares closed up 4.50% on Monday on nearly 17.3 million shares traded. Shares came just 28 cents shy of hitting their 52- week high yesterday. There was no remarkable news yesterday but last week Instagram did hire the company's former VP of revenue product, Ameet Ranadive. He will be working as director of product overseeing the Wellbeing team. According to his Tweet, the team "helps promote positive behavior on Instagram and protects the community from bad behavior and content." It was also revealed last week that the company's new 280 character-limit is doing better than many critics suggested. According to SocialFlow, a company that offers social media publishing and distribution tools to publishers, data shows that tweets that exceed 140-characters are getting more engagement than tweets that are under 140 characters.

Access RDI's Twitter, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TWTR

Our Actionable Research on Snap Inc. (NYSE: SNAP) and Twitter, Inc. (NYSE: TWTR) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com