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....
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Snap: Top Underrated AI Stock To Buy Now