Social-media stocks have had more salt sprinkled on their wounds in the first quarter. With high-tech stocks continuing to take the brunt of the damage, questions linger as to whether the rate-induced pain will subside. At this juncture, many plays within the social-media space remain incredibly expensive, but not all social stocks are built the same. Some seem better poised to move on than others, with valuations that are heavily tilted to the lower end of the historical range. Others, while seemingly more expensive, have growth profiles that could easily justify their seemingly lofty price-to-sales multiples, even in a rising-rate environment.
https://www.tipranks.com/news/article/which-social-media-stocks-are-intriguing-after-recent-decline?utm_source=advfn.com&utm_medium=referral
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