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home / news releases / SNAP - Snap: Top Underrated AI Stock To Buy Now

SNAP - Snap: Top Underrated AI Stock To Buy Now

Snap Inc. Class A

2024-05-31 12:19:11 ET

Summary

  • Snap's stock has shown significant gains, with a potential for further appreciation.
  • The company's strong Q1 earnings and growth prospects make it an attractive investment opportunity.
  • Snap's unique position as a favored social media platform among young people and its AI potential contribute to its appeal.

We discussed buying Snap Inc. ( SNAP ) shares "on the cheap" in the $10-$12 range. Snap's stock cratered following the company's Q4 results in early February. I entered Snap in two tranches with an average buy-in price of around $11 and have been very happy with my investment, as we may have nailed Snap around another long-term low....

For further details see:

Snap: Top Underrated AI Stock To Buy Now
Stock Information
Company Name: Snap Inc. Class A
Stock Symbol: SNAP
Market: NYSE
Website: snap.com
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