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NYSE:TWTR

Twitter, Inc (TWTR)

53.70
-0.00 (0.00%)
as of Oct 27, 2022, 12:00:00 am Market Open.
91 watching
0
BUY
Maybe they should've blocked Trump a lot sooner, given how much the stock has risen since that block last month. It's been a great quarter from all big tech. Twitter still has plenty of room to run. Reports Tuesday.
WATCH
Wouldn't be a buyer. He's watching it. Has lost a lot of their followers to others. Let it settle, and see where it goes from here.
DON'T BUY
Twitter was upgraded today but doesn't have enough meat on the bone. It needs more sports and entertainment content. The stock has moved down (but he still wouldn't buy it).
DON'T BUY
Censorship during this election. Now a good entry point? User numbers did decline, but now the stock has gotten too cheap. Problem is, he's sees no catalyst.
COMMENT
Today, an analyst upgraded the stock to a buy and re-rated it with a target price of $56. Twitter surged 5% today. He agrees the stock has been undervalued, but a sudden move like this without another upgrade isn't sustainable.
COMMENT
A takeover target by a big tech company? There has been talk on the street, but can't say if that's valid or not. No names given of who would take over.
DON'T BUY
Twitter makes money through advertising. He would prefer Google or Facebook. The risk is that Twitter could be hurt if Donald Trump is not re-elected.
DON'T BUY
It decided yesterday that they would no longer run political ads. It had good price momentum, but now it appears to be failing. If they miss their earnings they are at risk. They have a solid balance sheet, but it is just the valuation is too rich.
DON'T BUY
They have demonstrated stability of earnings. Long term, he wonders if they can monetize their business strategy. It has to go through a big investment cycle to keep up with the other social media platforms. The online market is getting increasingly competitive. This is not a well-timed entry.
PAST TOP PICK

(A Top Pick Aug 29/18, Up 19%) He sold it at $42. A great recovery story. User growth is still looking good. It hit his price target and they wondered if the user growth could continue. Investors are paying twice as much for half the growth of Facebook, so he moved there.

PAST TOP PICK
(A Top Pick Jul 09/18, Down 15%) He sold it in the low-$30's. Expect this to swoon and buy in the high-$20s.
DON'T BUY

He doesn't follow the social media companies, but the issue with Twitter is them struggling with monetizing user engagement. Compare this to Google and Facebook, which knows how. Twitter has ups and downs in terms of usage.

BUY
He uses it too much. Huge potential. It has become too mean so they are trying to banish some users. One of the most valuable media properties in the world. A candidate for a takeover.
BUY
One of the best media platforms that exists. Their old-fashioned user metrics are great. He thinks it is going to be swallowed up.
WATCH
We have some resistance where we are now ($36). If it gets through it will move quickly.
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