While some investors continue to shy away from the company’s uncertainty, SNAP has shown its resiliency in maintaining its core business, while at the same time developing new product offerings for its young consumer base. It appears investors are still shying away from SNAP, uncertain of its future. Yet, now might be the best time to jump on the SNAP bandwagon before its too late.
Once the company reports an increase in daily active users, revenue, or another key number, it will likely be too late to get in at a lower price, making its current valuation appealing to those who are ready to pounce on the market’s perceived weakness of this social media giant.
