BABA

Alibaba Group Holding

IPOs

Will the Snapchat IPO Date Happen in 2017?

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With 2016 coming to a close, investors are setting their sights on the growing list of 2017 IPOs, and Snapchat in among the companies on that list.

The Snapchat IPO date is scheduled for the first quarter of 2017, and it is set to be one of the most-anticipated IPOs since 2014, when Alibaba went public because of revenue growing at almost 2,000%.

Here is everything you need to know about Snapchat, the IPO date, and our expert's take on its upcoming IPO buying opportunity...

Trading Strategies

You Won't Believe How Profitable the Next Four Years Could Be

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As the coauthor of the 1998 book "Contrarian Investing: How to Buy and Sell When Others Won't and Make Money Doing It," I've always been willing to take the "other side" of the "consensus view." That willingness – combined with a commitment to the long view – has worked out very well through the years.

So, while most people don't trust politicians – especially presidents – as far as they can throw them, I've found it can pay big when you take the chief executive's words at face value.

Consider this:

In a recent story in The New Yorker, political scientist Michael Krukones tabulated the campaign pledges of presidents – from Woodrow Wilson to Jimmy Carter – and revealed something that might shock you.

Presidents actually achieved about 73% of what they promised.

Outgoing President Barack Obama is no exception. Nonpartisan PolitiFact found that he achieved at least a "compromised version" of 70% of his campaign vows.

The investing takeaway here is simple: If we align our investing with the new administration's spending targets, we stand to clean up.

It worked with healthcare stocks in the last administration, and I'm confident the sectors and stocks I'm about to show you will take off after the transition...