Better Social Media Stock: Twitter vs. Snap
Twitter (NYSE: TWTR) and Snap (NYSE: SNAP) are often considered the underdogs of the social media market. Both companies are dwarfed by Meta Platforms (NASDAQ: FB), which hosts 3.6 billion people each month across its Facebook, Messenger, Instagram, and WhatsApp platforms.
Yet both of these underdogs are still growing. Between 2016 and 2021, Twitter's annual revenue grew at a compound annual growth rate (CAGR) of 15% as Snap's revenue soared at a CAGR of 59%. Will Snap continue to outpace Twitter's growth and generate bigger returns in the future?
Image source: Getty Images.
Source Fool.com
