snapchat

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Snapchat's Nearly $100 Million Acquisition Shows Why Facebook Stock Is Still Our Top Pick

By , Sr. Cannabis Editor, Money Morning -

Snapchat

Snapchat just acquired a tech company that provides better data insights for advertisers.

However, we view this as a desperate move so close to Snap's Q3 2017 earnings report.

You see, it could just be a desperate move to compete with Facebook. And because of Facebook's dominance, we see double-digit profit opportunities down the road...

Will Snapchat Be the Next Social Media IPO?

By , Money Morning -

Money Morning Capital Wave Strategist Shah Gilani joined Stuart Varney of FOX Business' "Varney & Co." today (Tuesday) to talk about the latest potential social media IPO on the horizon - Snapchat.

Snapchat is a social network that emphasizes privacy; compare it to Facebook (Nasdaq: FB), which touts the benefits of openness. Snapchat finds benefits in keeping conversations and pictures from spilling over to your entire list of contacts.

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