Snap Inc. (SNAP), originally named Snapchat Inc., is an American camera and social media company. The company offers and maintains a range of technological products, including Snapchat, Bitmoji, and Spectacles. I am neutral on Snap because its significant growth potential and general Wall Street bullishness are offset by its lofty valuation and highly competitive industry. (See Analysts’ Top Stocks on TipRanks) Strengths Snap is known for developing the popular social media app Snapchat. It had 306 million daily active users in the third quarter, showing an improvement of 57% year-over-year. The company has seen at least 20% growth year-over-year for four consecutive quarters.
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Snap (NYSE:SNAP)
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