Is Snap Stock a Buy After Its Blowout Earnings Report?
With Snap (NYSE: SNAP) stock soaring last week in the wake of its blowout third-quarter earnings release, the tech stock may have caught the attention of many investors. Could the social media company's strong fundamentals be a buy signal? Or has the stock's big post-earnings move more than priced in any incremental upside to the long-term investment thesis?
To understand whether or not the Snapchat parent's stock is a buy, let's first take a moment and review Snap's third-quarter update and the stock's wild ride last week.
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Source Fool.com
