Why Twitter Inc Wouldn't Be a Warren Buffett Stock
With the company's stock up 19% since announcing "blowout" third-quarter earnings results on Oct. 26, some may think Twitter (NYSE: TWTR) must be close to righting the ship. For those who follow the tech industry in general, it was hard to miss the headlines.
The headlines went something like this: "Twitter reports renewed user growth." Another popular theme was "Twitter nears profitability," or some derivative thereof. Good tidings or not, Warren Buffett wouldn't touch Twitter stock for several reasons, nor should individual investors.
Image source: The Motley Fool.
Source: Fool.com
