Saturday, July 11, 2015

Twitter: Still Cheaper Than You Think


Summary

  • The market wrongfully sees Twitter as a struggling company.
  • The company has enormous untapped potential that Project Lightning and other opportunities will unleash.
  • Twitter appears expensive at 50x forward earnings, but the growth rate is significantly higher making the stock cheap.
   After writing "Why Twitter Is Borderline Cheap" approaching roughly 11 months ago, the stock is trading down from that level now. Sure Twitter (NYSE:TWTR) has made a couple of runs significantly higher, but the stock has failed to break out. In both cases, it has traded down to roughly $35.

 Read the full article on Seeking Alpha.


 Disclosure: No positions mentioned. Please read the disclaimer page for more details.

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