Stockchase Opinions

Jim Cramer - Mad Money Snap Inc. SNAP-N BUY Apr 21, 2021

He expects a great quarter from them, based on strong growth. They've gotten religion about getting good customers/advertisers.
$58.300

Stock price when the opinion was issued

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BUY ON WEAKNESS
No one is worried about megacap tech stocks and that's a worry. Snap, Twitter and Pinterest, also Lyft have slid around 25% from their highs, and these are buying opportunities in the coming months.
DON'T BUY
Square crushed the numbers recently, but its stock went down. Snap didn't crush the numbers, so its shares are going down even more.
DON'T BUY
It reports Thursday. It was clubbed after its last quarter when it triggered this whole tech sell-off. It remains down in the dumps.
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TOP PICK
Snap Inc. is a camera company. Snap believes that reinventing the camera represents its greatest opportunity to improve the way people live and communicate. The company contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Social media mentions are up 75% in the past 24h.
COMMENT
Ad spending is a leading indicator of the wider economy and it is weakening. Snap (and Twitter) is a small player, so not a good indicator of the wider economy.
DON'T BUY
It's losing money. Just because it's cheap doesn't make it a buy.
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TOP PICK
Snap Inc. is a camera company. Snap believes that reinventing the camera represents its greatest opportunity to improve the way people live and communicate. The company contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. Social media mentions are up 182% in the past 24h.
SELL ON STRENGTH

Every stock that's being shorted is going up now. If SNAP rises 10%, then sell.

PARTIAL SELL

Is up 92% in the past months. You got to take some profits off the table after this run.

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TOP PICK

Snap inc. is a camera company. at snap, we believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate. we contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. learn more about our open opportunities and get a glimpse of life at snap at careers.snap.com! Social media mentions are up 67% in the past 24h.